HK's Fullwealth Construction jumps on trading debut

FullWealth International group

30/10/2018 04:13

** Shares of Fullwealth Construction Holdings Co Ltd
 1034.HK  trade as much as 42 pct above IPO price to HK$0.455
per share on the first day of trading, bucking the soft market
trend 
    ** The stock of the civil engineering firm trims gains to
HK$0.43, still up 34.4 pct from the IPO price of HK$0.32
    ** The Hong Kong-based firm offered 400 million shares at
HK$0.32 apiece, raising capital to expand and upgrade its fleet
of machinery and to fund contruction projects (https://bit.ly/2SuAgfI)
 
    ** The Hong Kong benchmark index  .HSI  eased 0.2 pct

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