New Stock Debut | Xinhehua (02206.HK) debuts on first day, opening 27.61% higher in morning trading; the company is a leading supplier of traditional Chinese medicine decoction pieces in China

Zhitong Finance APP has learned that Xinhehua (02206.HK) debuted on its first trading day. According to the announcement, it was priced at HK$40.2 per share, with a total of 6,517,300 shares issued, 50 shares per lot, and net proceeds of approximately HK$229 million. As of press time, it rose 27.61% to HK$51.3, with a turnover of HK$96.574 million.