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Unikopto Soars 449% on Beijing Stock Exchange Debut

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Jiangsu Yute Photonics listed on the Beijing Stock Exchange on October 9, with an offer price of RMB 13.75 per share, about 17.6667 million shares publicly issued and roughly RMB 243 million raised. The share price rose 449% on its first day of trading. The company mainly produces optical modules and optical interconnect products for data centers.

From OFweek Optics Network · News

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Oct 13
  1. OFweek Optics Network · News
    Optical Interconnect Firm Yute Photonics Surges 449% on Beijing Stock Exchange Debut

    Jiangsu Yute Photonics listed on the Beijing Stock Exchange on October 9, with an offer price of RMB 13.75 per share, about 17.6667 million shares publicly issued and roughly RMB 243 million raised. The share price rose 449% on its first day of trading. The company mainly produces optical modules and optical interconnect products for data centers.