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Benzinga
Benzinga
World
The Bamboo Works

Investors Give, Then Take Away, in Meihua's New York Trading Debut

New York China

Key takeaways:

  • Shares of disposable medical products maker Meihua rose 30% on their first trading day in New York, but fell by a similar amount the next day and now trade below their IPO price
  • The listing is only the second by a Chinese company in the U.S. since a regulatory-related pause last summer, indicating such listings may slowly start to resume
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