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China Literature makes stellar public debut following $1B Hong Kong IPO
#HTE
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
https://techcrunch.com/2017/11/08/china-literature-makes-stellar-public-debut/?ncid=rss
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 Morehttps://techcrunch.com/2017/11/08/china-literature-makes-stellar-public-debut/?ncid=rss