Hong Kong-listed ShuangDeng shares soared more than 55% on the first day of trading.

Hong Kong-listed Shuangdeng shares surged more than 55% on the first day of trading. The company issued a total of 58.557 million shares globally, with approximately 10% publicly issued in Hong Kong and 90% internationally. The final offering price was HK$14.51 per share, raising a net amount of approximately HK$756 million globally.