Razer has continued a winning streak of IPOs from Asian companies after its share price closed 41 percent up on its first day of trading on the Hong Kong Stock Exchange. The company, which makes accessories for PC gamers, laptops and is preparing to sell its first smartphone, raised $529 million from the sale of 1,063,600,000 shares. After deductions, Razer estimated its take-home to be… Read More
Category: hong kong stock exchange
China Literature makes stellar public debut following $1B Hong Kong IPO
China Literature, the e-publishing business backed by Tencent, enjoyed an impressive debut as public company with its share price rising as high double during its first day on the Hong Kong Stock Exchange. The business raised over $1 billion from the listing which saw it spin out from Tencent. The listing price was set to HK$55 and the share valued reached HK$110 in early trading, going on… Read More