Reported 7 months ago
FTNN News Network reported on June 12, 2024, that Element Taiwan Value High Yield (00940), which recently sparked a subscription frenzy, has managed to break free from trading below its IPO price. After opening at 9.98 yuan on the 13th, it continued to show strength, reaching a high of 10.03 yuan, and maintaining above the subscription issuance price of 10 yuan. Shareholders expressed optimism and relief, with some even suggesting the dissolution of the self-help association for 00940. Foreign institutions' vigorous purchases are anticipated to coincide with the first dividend distribution. Element Taiwan Value High Yield (00940) has successfully recovered to its 10 yuan issuance price, with major institutional investors collectively acquiring over 250,000 shares.
Source: YAHOO