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Chinese garment manufacturer Addentax Group is looking to go public in the United States. The company's stock is currently traded on the OTC Markets.
What we know about the Addentax Group Corp IPO
Addentax Group, a Chinese company that manufactures clothing, is expected to come to market in the US with a $25 million IPO, offering 5 million shares at $5 apiece.
Addentax is currently traded on the OTC Markets under the symbol "ATXG," and it intends to trade on the Nasdaq under the same ticker symbol.
How to buy shares in Addentax Group Corp when it goes public
Once Addentax Group Corp goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – ATXG – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Finder's picks for buying Addentax Group Corp when it goes public
How do similar companies perform?
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Addentax Group Corp can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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