Shanghai Top Numerical Control Technology, an aerospace parts supplier, saw its shares jump 80% on its first day of trading in Hong Kong, fueled by investor enthusiasm for the commercial aerospace sector.

Shares of Chinese aviation and aerospace parts supplier Shanghai Top Numerical Control Technology ended 80 per cent higher on its debut in Hong Kong on Wednesday, as investors continue to bet on the commercial aerospace sector. Top Numerical Control opened at HK$37 per share on its first day of trading, representing a 40.2 per cent premium to the offer price of HK$26.39. It reached as high as HK$48.40 in afternoon trade, before closing at HK$47.50. The Shanghai-based company issued 65.33 million...