[Featured Stock] CNTOOS Seongjin Shows Weakness on First Day of Listing... Below IPO Price
[Asia Economy Reporter Jang Hyowon] CNTUS Sungjin is showing weakness on its first day of listing, trading below the public offering price.
As of 9:28 AM on the 28th, CNTUS Sungjin is trading at 29,750 KRW, down 6.78% from the opening price of 31,700 KRW. The public offering price of CNTUS Sungjin was 32,000 KRW.
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CNTUS Sungjin manufactures MB fabric by extrusion spinning using thermoplastic polymers such as polypropylene (PP), producing various air filters and industrial and healthcare masks.
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