Medical data group Yidu, others shine in Hong Kong debut, Roiserv falls

AI X Tech

15/01/2021 04:32

** Shares of Yidu Tech Inc  2158.HK  trade as high as
HK$65.75 each in Hong Kong trading debut, soaring 150% from the
IPO price 
    ** Stock third most actively traded by turnover; last up
133.8% from the Beijing-based medical big data solutions
provider's IPO price of HK$26.3 apiece 
    ** Tencent-backed Yidu offered 156.45 mln shares at HK$26.30
apiece, raising HK$4.1 bln ($528.82 mln) for business expansion,
strengthening data processing technology, and developing new
applications https://bit.ly/3nGFO4Z
 
    ** The Hong Kong Hang Seng sub-index tracking information
technology firms  .HSCIIT  edges up 0.1%, while the Hang Seng
Tech Index  .HSTECH  falls 1.2%
    ** Another new comer Strawbear Entertainment Group  2125.HK 
rise as much as 79.9% from their IPO price on debut after the
web series producer raised HK$975 mln in IPO for drama series
production and acquisitions 
    ** Online advertising service firm Cheshi Holdings Ltd
 1490.HK  surges 48.8% on first day of trade, patent medicines
producer Modern Chinese Medicine Group Co Ltd  1643.HK  rise
11%, while property management group Roiserv Lifestyle Services
Co Ltd  2146.HK  falls 8.2% on debut 
    ** The Hang Seng China enterprises index  .HSCE  slips
0.03%, while the benchmark index  .HSI  edges up 0.2%
    ($1 = 7.7531 Hong Kong dollars)

 ((Reuters Messaging:
donny.kwok.thomsonreuters.com@reuters.net))