China’s first initial public offering in New York in seven months lands with a bang as Meihua’s shares jump 29 per cent on trading debutUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostChinese disposable medical devices maker Meihua International Medical Technologies, the first mainland company to list in the United States in the seven months since Beijing’s regulatory crackdown began in July last year, jumped 29 per cent on its trading debut overnight in New York.The Jiangsu-based company closed at US$12.92 on the Nasdaq, 29 per cent higher than its offering price of US$10. Its market value stood at US$305 million.Meihua’s strong debut might suggest foreign investors still…Read More