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Two new stocks surge! Changyu Group hits the limit again for the second time
Beijing Business Daily News (Reporter Wang Manlei): On May 11, Changyu Group (603407) and Chunguang Group (301531) were listed on the Main Board and the Growth Enterprise Market, respectively. On the first day of trading, both stocks saw a sharp surge in their share prices. During the trading session, Changyu Group once surged by 693.65%, triggering a second temporary trading halt.
Trading data shows that on May 11, Changyu Group opened 396.03% higher. After the market opened, the company’s share price continued to fluctuate and rise, surging by 693.65% during the session and triggering a second temporary trading halt. Afterwards, the company’s share price gain narrowed. As of the time of this report by Beijing Business Daily, the stock price was up 569.55%, to 92.8 yuan per share, with a total market value of 37.85 billion yuan.
Regarding Chunguang Group, on the same day, the share price opened sharply higher by 543.23%. After the market opened, it fluctuated and rose. As of the time of this report, the share price was up 613.53%, to 94.9 yuan per share, with a total market value of 20.85 billion yuan.
It is understood that the issue price for Changyu Group this time was 13.86 yuan per share; the issue price for Chunguang Group this time was 13.3 yuan per share.