China's Nongfu Spring shares set to open up 85% in HK debut

China's Nongfu Spring shares set to open up 85% in HK debut

Photo: Nongfu Spring website

Stock of Chinese bottled water and drinks producer Nongfu Spring Co Ltd is set to open at HK$39.80 per share in its Hong Kong debut on Tuesday, up 85.1% from the initial public offering (IPO) price of HK$21.50 each.

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