Longsys slips in Hong Kong debut
Chinese data storage maker Shenzhen Longsys Electronics shares slipped 0.4 percent following a flat open in their Hong Kong debut. The company raised about 7.08 billion Hong Kong dollars in its share sale.
Insights:
Shenzhen Longsys Electronics shares fell 0.4% to HK$235 on Tuesday morning during their Hong Kong debut after raising $903M in an upsized share sale. The debut follows a flat open for the data storage products maker in China. Broader markets retreated during the session, tracking regional losses.
