港股异动丨金岩高岭新材(2693.HK)首日上市大涨34%

Core Viewpoint - The stock of Jinyan Kaolin New Materials (2693.HK) surged on its first day of trading, reflecting strong market interest and demand for the company's shares [1] Company Summary - Jinyan Kaolin New Materials specializes in the mining and deep processing of coal-based kaolin, with products including precision casting sand powder and refractory materials [1] Market Performance - On its debut, the stock price increased by 34.25%, reaching HKD 9.8 at one point [1] - The public offering phase saw a subscription rate of 6,876.17 times, indicating overwhelming demand [1] - The international placement phase recorded a subscription rate of 2.01 times, further demonstrating investor interest [1]