Dental-braces maker Angelalign shines in Hong Kong debut, up 162% from IPO price

Angelalign Technology

16/06/2021 03:12

** Shares of dental-braces maker Angelalign Technology Inc
 6699.HK  trade as high as HK$453.80 each in Hong Kong debut on
Wednesday, up 162.3% from their IPO price and is the most
actively traded by turnover
    ** Stock last traded at HK$429, up 148% from IPO price of
HK$173 apiece, vs a 0.1% slip in the benchmark Hang Seng Index
 .HSI 
    ** Shanghai-based maker of clear teeth straighteners offered
16.8 mln shares in Hong Kong IPO, raising HK$2.91 bln ($375 mln)
 urn:newsml:reuters.com:*:nFWN2NK0XJ 
    ** Proceed raised will be used for construction of
manufacturing facilities, in-house R&D initiatives, upgrading IT
system, and optimizing medical service 
    ** The Hong Kong Hang Seng consumer goods and services index
 .HSCGSI  slips 0.6%, and the healthcare index  .HSCIH  falls 1%
    ** The Hang Seng China enterprises index  .HSCE  slides 0.4%
    


($1 = 7.7627 Hong Kong dollars)

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)