China’s largest Q&A online community, Zhihu, broke its share price on its first day of trading.
U.S. stocks closed all online, Chinese stocks ADR EST 26 flash crash again, Oriental wealth network reports, statistics show that the market value of more than 500 million U.S. dollars in Chinese stocks, a total of 16 companies in the last 20 trading days share price fell by more than 20%, and the first day listed on the New York Stock Exchange, China’s largest question-and-answer online community “Zhihu The first day of listing on the New York Stock Exchange, China’s largest question-and-answer online community “Zhihu”, the stock price broke on the first day of listing and was bloodied.
According to the report, Zhihu was listed for sale at $9.50 per share on its first day of trading, but it opened at $8.05, down 15.3% from its $9.50 offering price, and fell by more than 25% during the day. Finally closed down $ 8.44, down more than 11%.
Chinese stocks burst into a bloodbath, mainly on the news side of the negative, the U.S. Securities and Exchange Commission (SEC) 24 began to promote the delisting of foreign companies that do not meet U.S. auditing standards. The news caused shares of Chinese companies listed on Wall Street to plunge over the past two trading days.
Recent Comments