Hong Kong – Investment holding company IMAX China Holding, Inc (TSE:01970)’s stock broke its previous high on Monday trading when it reached an intraday high of HK$40 a share, up from its listing price of HK$31.00.
IMAX China Holding Inc (TSE:01970) gained 6.849 percent on Monday’s trading on the Hong Kong Stock Exchange to trade at HK$39.00 at the close. It opened at HK$36.50 and soared to HK$40.00 before settling at HK$39.00.
IMX China Holding Inc debuted on the Hong Kong Stock Exchange on October 8, 2015 and the stock has been on the rise, as millions of Chinese people flock to movie houses during last week’s holidays.
The Company, along with its subsidiaries, is principally engaged in the entertainment industry specializing in digital and film-based motion picture technologies. – BusinessNewsAsia.com