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$103.36 2.2  2.2%

Last Trade - 14/01/22

Sector
Technology
Size
Large Cap
Market Cap £50.35bn
Enterprise Value £43.55bn
Revenue £9.56bn
Position in Universe 199th / 7386

NetEase's Cloud Village shares set to open flat in Hong Kong debut

Thu 2nd December, 2021 1:32am
HONG KONG, Dec 2 (Reuters) - Shares of NetEase Inc's
 9999.HK  music streaming business, Cloud Village Inc  9899.HK ,
are set to open at HK$205 per share on the first day of trading
on Thursday, the same level as its IPO price.
    That compared with a 0.6% slide in the benchmark Hang Seng
Index  .HSI , pre-market data showed.
    Cloud Village raised $421 million by pricing its shares at
HK$205 each in one of Hong Kong's first major tech listings
since mid-year.  urn:newsml:reuters.com:*:nL1N2SH0H5

 (Reporting by Donny Kwok; Editing by Jacqueline Wong)
 ((donny.kwok@thomsonreuters.com; +852 3462 7745;))
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