Auntie in Shanghai rose more than 8% at one point, and all pre-IPO shareholders, including the controlling shareholder, voluntarily extended the lock-up period.
On April 20, Auntie Hu's stock rose during trading hours, rising more than 8% at one point. By 10:20 am, it was trading at 99.95 Hong Kong dollars per share, up 7.76%, and the market value exceeded 10 billion Hong Kong dollars. Over the past five trading days, Auntie Hu's stock has continued to rise, with an increase of over 30%. On the evening of April 19, Auntie Hu announced that the company had received notifications from all shareholders participating in the initial public offering, including the controlling shareholder, committing not to reduce their holdings of the company's shares during the extended lock-up period of 6 months or 3 months after the expiration of the original lock-up period.
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