China's logistics service provider GOGOX shines in Hong Kong debut

GOGOX Holdings

24/06/2022 04:40

** Shares of logistics and delivery solution services
provider GOGOX Holdings Ltd  2246.HK  trade as high as HK$21.50
each in Hong Kong debut on Friday, up 7.7% from their offer
price
    ** Stock last up 3.3% from the offer price of HK$21.50
apiece, outpacing a 1.2% rise in the benchmark Hang Seng Index
 .HSI  
    ** Tianjin-based company offered 31.2 mln shares in its
global offering, raising HK$670.8 mln ($85.46 mln) for enlarging
its user base, developing new services, for acquisitions and for
 upgrading information and technology systems  urn:newsml:reuters.com:*:nFWN2Y00LP
    ** Hang Seng Commerce & Industry Index  .HSNC  surges 2%,
Hang Seng sub-index on information technology firms  .HSCIIT 
rises 1.9%, and Hang Seng Composite Index  .HSCI  gains 1.3%



($1 = 7.8493 Hong Kong dollars)

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