Tianjin Binhai Teda Logistics Co. (TBTL) was listed on HKGEM on April 30. Zhongmin Wang, Vice Chairman of the National Social Insurance Fund, was present at the listing ceremony.

The market trade began at 10:00am that day. TBTL shares were wooed by Hong Kong investors.

TBTL was the first Binhai-based logistics company to list on HKGEM. The company was integrated between Tianjin Teda Holdings and the State-owned Assets Operation Company in the Tianjin Economic Technology Development Zone. The company's principal said TBTL has accumulated over 10-year experience cooperating with several transnational logistics enterprises.

On the first trading day, TBTL placed 88.60 million H-shares and raised over HK$175M.