NetEase pulls back after solid debut - News Summed Up

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NetEase pulls back after solid debut


Your Name:Shares in NetEase pulled back by mid-morning today, to trade up by 8 percent at about HK$133. Shares climbed by 9.10 percent to HK$134.20 in the Hong Kong debut of its secondary listing. The Chinese mobile game company priced its issue at HK$123 per share and issued 171,480,000 new ordinary shares in its HK$21.09 billion stock sale. The benchmark Hang Seng Index dipped by 0.9 percent at 25,027.03 at the open.


Source: The Standard June 11, 2020 05:03 UTC



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