Editorial Summary

Photovoltaic cell component manufacturer Solargiga Energy Holdings Limited (757.HK) ended its first day of trading on Hong Kong's main board at HK$2.93, one penny above its opening price, on Monday. During the day, company shares rose to a high of $3.12. Net proceeds from the offering were approximately $670.7 million.

In its January filing, Solargiga was targeting an initial price of more than HK$4.08 per share. The company revised listing plans about a week later in an effort to avoid market instability.