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Avary Holding (Shenzhen), an 80.91% held subsidiary of Taiwan-based PCB firm Zhen Ding Technology, which is a Foxconn-affiliated company, has started trading its shares on the Shenzhen Stock Exchange (SZSE), Digitimes reports.
Avary is engaged in the design, manufacturing and sale of PCBs with production sites located in Shenzhen, Qinhuangdao, Huaian and Yingkou.
Avary started trading on the SZSE at an initial price of CNY$16.07 ($2.34) per share on September 18. The price rallied 44% to close at CNY23.14 on the first day of its trading, according to Digitimes.