China's character IP licensing firm Semk shines in Hong Kong debut

BDuck Semk Holdings International

17/01/2022 06:33

** Shares of China's domestic character intellectual
property (IP) licensing company Semk Holdings International Ltd
 2250.HK  trade as high as HK$2.77 in Hong Kong debut, up 35.1%
from the offer price 
    ** Stock last trade at HK$2.40, still up 17.1% from the
offer price of HGK$2.05 each
    ** That compares to a 1% drop in Hang Seng Composite Index
 .HSCI  and a 0.9% slide in benchmark Hang Seng Index  .HSI  
    ** Semk sold 120 mln shares in global offering, raising
HK$246 mln ($31.59 mln) for building its own fans platform and
enhancing brand image and awareness of its characters to drive
growth in existing character licensing business  urn:newsml:reuters.com:*:nFWN2TT0RP
    ** Hang Seng Commerce & Industry Index  .HSNC  falls 1.1%
and Hang Seng consumer goods and services index  .HSCGSI  eases
0.8%



($1 = 7.7865 Hong Kong dollars)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))