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By GlobalDataLoulan Holdings, the Chinese winemaker, saw its share price open at HK$0.52 in their market debut today. The price compares to an initial public offering price of HK$0.50 each. The company will earn HK$38.5m (US$4.9m) from the float, which it will use for acquisitions of distributors and more wineries and open sales offices, marketing, equipment installation, and general working capital.
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData