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BioWorld - Wednesday, November 20, 2024
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» MGI raise $518M in Shanghai IPO, shares jump 14.71% on debut
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MGI raise $518M in Shanghai IPO, shares jump 14.71% on debut
Sep. 14, 2022
By
Doris Yu
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MGI Tech Co. Ltd. raised ¥3.602 billion (US$518 million) on the Shanghai STAR Market. Shares (SHA: 688114) debuted at ¥87.18 apiece on the first trading day on Sept. 9. They closed at ¥124 per share on Sept. 14.
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