China's online marketing firm Joy Spreader shines in Hong Kong debut

Joy Spreader

23/09/2020 04:49

** Shares of Chinese online media marketing service provider
Joy Spreader Interactive Technology Ltd  6988.HK  rise as much
as 2.8% to HK$2.96 per share in Hong Kong debut from IPO price
of HK$2.88   
    ** Stock ranks fifth most actively traded by turnover 
    ** Beijing-based company sold 543.7 mln shares in Hong Kong
IPO, raising HK$1.57 bln ($202.6 mln) to develop online
monetization business and to strengthen marketing services
 urn:newsml:reuters.com:*:nFWN2G612Z 
    ** The Hong Kong Hang Seng sub-index tracking information
technology firms  .HSCIIT  rises 1%, and the Hang Seng Tech
Index  .HSTECH  gains 0.8%
    ** Both the Hang Seng China enterprises index  .HSCE  and
the benchmark index  .HSI  slide 0.1%

($1 = 7.7501 Hong Kong dollars)

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