[Featured Stock] CNTOOS Seongjin Shows Weakness on First Day of Listing... Below IPO Price

[Asia Economy Reporter Jang Hyowon] CNTUS Sungjin is showing weakness on its first day of listing, trading below the public offering price.

As of 9:28 AM on the 28th, CNTUS Sungjin is trading at 29,750 KRW, down 6.78% from the opening price of 31,700 KRW. The public offering price of CNTUS Sungjin was 32,000 KRW.

CNTUS Sungjin manufactures MB fabric by extrusion spinning using thermoplastic polymers such as polypropylene (PP), producing various air filters and industrial and healthcare masks.