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Tencent : Fintech firm Linklogis opens 9.9% higher in Hong Kong IPO debut

HONG KONG (Reuters) – Shares of Chinese fintech firm Linklogis Inc, which is backed by technology giant Tencent Holdings, opened 9.9% higher in their Hong Kong debut on Friday after the company raised $1.02 billion in its initial public offering. The shares traded at HK$19.32 ($2.48), compared to the $HK17.58 price in the IPO that sold 452.87 million shares.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

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