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(Yicai Global) Nov. 2 -- The new Shanghai-listed shares of China International Capital, the country's largest investment bank, jumped to the upper limit on the first day and almost triple the price of its Hong Kong-listed equity.
CICC's stock price [SHA:601995] touched the bourse's 44 percent limit for secondary listings today by logging CNY41.44 (USD6.20). The shares were 31.3 percent up at CNY37.79 at 11.29 a.m.
The financial institution's issuing price of CNY28.78 is about 80 percent higher than its Hong Kong-listed shares' price.
The bank’s equity price in Hong Kong [HKG: 3908] climbed 1.2 percent to HKD18.26 (USD2.40).
Editor: Emmi Laine