Shares of Shuangdeng Group surged in their Hong Kong debut this week, underscoring investor enthusiasm for Chinese battery makers as demand for electric vehicles and energy storage continues to climb. Trading under the ticker 6960, the stock opened at HK$22.50, a 55% premium to its issue price of HK$14.51, making it one of the most successful IPOs in the city this year. Chairman Yang Rui celebrated the listing on August 26 by striking the ceremonial gong, declaring that Shuangdeng was “lucky to be riding two tremendous waves” - artificial…
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