HK Grey Market | MEP Contractor Golden Leaf International Soars 740%; Smart Charging Leader Shanghai Zhida Technology Rockets 177%

Tiger Newspress
Oct 09

Golden Leaf International Group, the first new stock to list on Hong Kong's Growth Enterprise Market (GEM) this year, soared 740% in Hong Kong’s grey market trading. Shares will be listed on the 10th.

Golden Leaf International Group is a mechanical, electrical and plumbing (MEP) contractor in Hong Kong, with business primarily involving the supply, installation, maintenance and repair of heating, air conditioning systems, electrical installations, and water supply systems. The commercial properties it serves include Hong Kong's iconic shopping centers such as Harbour City in Tsim Sha Tsui, The Peak Galleria, Central Plaza, and AIRSIDE at Kai Tak.

Shanghai Zhida Technology Development soared 177% in Hong Kong’s grey market trading, with official listing on the Hong Kong Stock Exchange scheduled for October 10.

As the leading provider of electric vehicle home charging solutions, Shanghai Zhida Technology Development focuses on delivering smart home EV charging stations to automotive manufacturers and end users. The company has developed a comprehensive "trinity" EV home charging ecosystem comprising products, services, and digital platforms, which empowers automotive manufacturers and energy companies.

During the track record period, the company achieved cumulative global shipments of 1.3 million home EV charging stations, with China accounting for 1.2 million units of the total shipments.

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