(Hong
Kong, 28 October 2005) – The shares of Tradelink
Electronic Commerce Limited (“Tradelink”
/ the “Group”) (stock code: 0536) commenced
trading on the Main Board of The Stock Exchange of Hong
Kong Limited today. Tradelink is a leading provider of electronic
commerce services for both the Hong Kong and international
business communities.
The
Group’s shares were actively traded today with the
total trading volume reaching 155.95 million shares at a
total turnover of HK$208.89 million. The closing price was
HK$1.34 per share (offer price was HK$1.25 per share). The
intra-day high was HK$1.38 per share, approximately 10%
over initial public offering price.
Mr.
Justin Yue, CEO of Tradelink, said, “We are
delighted with the successful listing of Tradelink’s
shares on the Main Board. It is a major milestone in the
Group’s corporate development. We are satisfied with
and much encouraged by the performance of our shares on
their first trading day, and would like to thank all the
investors, who are now our shareholders, for their support
and confidence in the Group. To them, we pledge to strive
for business growth and further enhance shareholders’
return, building on our solid foundation.”
Looking
ahead, Mr. Yue concluded, “With our wide range of
reliable and efficient public and private trade-related
electronic services boasting strong track record plus the
impending launch of the promising DTTN project, we are positive
about our business outlook. In addition, we will be exploring
the huge development potential in Mainland China. Empowered
by clear business strategies, we are looking forward to
delivering satisfactory performance in the future.”