News Snapshot:
United Imaging shares soar 75pct in Shanghai debut, China’s 3rd-biggest IPO in 2022 United Imaging Healthcare Co’s (688271.SS) shares surged as much as 75 percent in their Shanghai debut on Monday after the Chinese firm’s $1.6 billion initial public offering (IPO), the biggest on China’s tech-focused STAR Market so far this year. The jump came after strong demand during the share sale, the third-largest listing in China this year, as investors pinpointed the diagnostic imaging device manufacturer as a safe haven amid gloomy prospects for growth in the country, analysts said. Shares in the company, the biggest domestic player in...
