Linklogis set to open 9.9% higher in Hong Kong IPO debut

Linklogis

09/04/2021 02:20

HONG KONG, April 9 (Reuters) - Shares in Chinese fintech
firm Linklogis Inc  9959.HK  will open 9.9% higher at HK$19.32
($2.48) each in its Hong Kong Stock Exchange debut Friday after
raising $1.02 billion, data from the exchange showed.
    The Tencent-backed company priced its stock at $HK17.58 in
the deal to sell 452.87 million shares. 


($1 = 7.7780 Hong Kong dollars)

 (Reporting by Donny Kwok and Scott Murdoch; Editing by
Christian Schmollinger)
 ((donny.kwok@thomsonreuters.com; +852 2843 6470; Reuters
Messaging: donny.kwok.reuters.com@reuters.net))