Japan's M3-backed Medlive jumps in HK debut; new comers BetterLife, Dexin shine

Medlive Technology Co

15/07/2021 06:09

** Shares of Chinese online medical information and
physician platform operator Medlive Technology Co Ltd  2192.HK 
trade as high as HK$32.50 in Hong Kong debut on Thursday, 19.5%
above the offer price of HK$27.20 apiece
    ** Stock is the third most actively traded by turnover 
    ** Japanese online medical group M3 Inc  2413.T  backed firm
sold 155.1 mln shares in Hong Kong IPO, raising HK$4.22 bln
($543.3 mln) for business expansion, acquisitions and for R&D 
 urn:newsml:reuters.com:*:nFWN2OB0RE
    ** Newcomer BetterLife Holding Ltd  6909.HK  trades as high
as HK$6.44 each in debut, up 46.4% from offer price of HK$4.40
apiece, and among the 30 most actively traded by turnover
    ** The Chinese luxury automobile dealer sold 150 mln shares
in IPO, raising HK$660 mln to expand dealership store network,
acquisitions and to upgrade IT systems  urn:newsml:reuters.com:*:nFWN2OB0XT
    ** Another newly joined Dexin Services Group Ltd  2215.HK 
rises 2.6% from their offer price to HK$3.14 per share in debut
    ** The Chinese property manager sold 250 mln shares at
HK$3.06 each in IPO, raising HK$765 mln to expand business
scale, diversify service offerings, and for IT investment
 urn:newsml:reuters.com:*:nFWN2OP1HS
    ** The Hong Kong Hang Seng sub-index tracking information
technology firms  .HSCIIT  climbs 1.1%, and property sub-index
 .HSNP  rises 2.3%
    ** The Hang Seng China Enterprises Index  .HSCE  rises 1.4%,
and the benchmark index  .HSI  gains 1.2%



($1 = 7.7671 Hong Kong dollars)

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