Chinese fintech firm Linklogis shines in Hong Kong debut

Linklogis

09/04/2021 03:42

** Shares of Chinese fintech firm Linklogis Inc  9959.HK 
trade as high as HK$19.44 each in Hong Kong debut on Friday, up
10.6% from their offer price
    ** Stock last up 8.2% from the offer price of HK$17.58 each;
     the third most actively traded by turnover in early trade
    ** The Tencent-backed company sold 452.88 mln shares in Hong
Kong IPO, raising $1.02 bln to enhance core technology
capabilities, expand cross-border operations and for
acquisitions  urn:newsml:reuters.com:*:nL4N2M20CI
    ** Shares of Tencent climb 0.2%
    ** The Hong Kong Hang Seng sub-index tracking information
technology firms  .HSCIIT  slips 0.7%, and the Hang Seng Tech
Index  .HSTECH  falls 1%
    ** The Hang Seng China enterprises index  .HSCE  slides
0.9%, and the benchmark index  .HSI  eases 0.8%
    

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