Hong Kong: KDL Medical shares jump almost 30% on debut

Shares in Shanghai Kindly Instruments (KDL Medical) shot up almost 30% on their debut on Friday. The Chinese manufacturer of cardiovascular devices raised HK$832m (US$106m) after it sold 40 million shares at the top of the HK$20.10 to HK$20.80 indicative range. Books were well covered including the 15% greenshoe while the public offering was oversubscribed…

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