Articles from Caixin Global, Caixin Global

Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

Articles from Caixin Global

News from Caixin

Equity Bottom-Up

Geovis Insighter Technology / Equity Bottom-Up

<ul><li>Geovis Insighter Technology Co Ltd, the first commercial aerospace company to list on the Beijing Stock Exchange, achieved a successful IPO with a surge of 407.23% on its debut, in contrast to the recent failed listing attempt by another Chinese satellite company.</li><li><p>Established in 2016, state-backed Geovis Insighter specializes in integrated solutions for spacecraft measurement, control management and aerospace digital simulation. The company’s stock was first listed on China’s New Third Board in February 2023.</p></li><li><p>Its price fell 17.6% Monday, leaving the company with a total market value of 4.3 billion yuan ($587 million), surpassing the required 200-million-yuan threshold.</p><div id="ad_1"></div></li></ul>

Geovis Insighter Technology Co Ltd, the first commercial aerospace company to list on the Beijing Stock Exchange, achieved a successful IPO with a surge of 407.23% on its debut, in contrast to the recent failed listing attempt by another Chinese satellite company.Established in 2016, state-backed Geovis Insighter specializes in integrated solutions for spacecraft measurement, control management and aerospace digital simulation. The company’s stock was first listed on China’s New Third Board in February 2023.Its price fell 17.6% Monday, leaving the company with a total market value of 4.3 billion yuan ($587 million), surpassing the required 200-million-yuan threshold.

Geovis Insighter’s IPO Lifts Off in Style After Chang Guang Satellite’s Listing Crash 