China-based Meihua sees stock rally nearly 30% following US IPO Feb. 16, 2022 1:22 PM ET [Meihua International Medical Technologies Co., Ltd. (MHUA)](/symbol/MHUA?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3AMHUA) [By: Val Kennedy](/user/55634950/profile?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name%7Cfirst_level_url%3Anews) , SA News Editor [Meihua International Medical Technologies Co., Ltd. (MHUA)] [By: Val Kennedy] , SA News Editor - Meihua International Medical Technologies' ( [MHUA] ) stock rallied nearly 30% after the Chinese company held a downsized initial public offering on the Nasdaq. - Shares of Meihua last changed hands at $12.81, up 28%, at approximately 1:00 p.m. The stock opened at $10 and dipped to a low of $8.42 before climbing to a...