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BUZZ-E-commerce firm Yoho shines in Hong Kong debut, outperform main index

reuters.com · 06/10/2022 02:17
BUZZ-E-commerce firm Yoho shines in Hong Kong debut, outperform main index

** Shares of e-commerce company Yoho Group Holdings Ltd 2347.HK trade as high as HK$2.45 per share in Hong Kong trading debut on Friday, up 16.7% from the IPO price

** Stock last up 2.4% at HK$2.15, as compared to the IPO price of HK$2.10 apiece

** Consumer electronics and home appliances focused e-commerce platform operator offered 55 mln shares in IPO raising proceed to expand products offering and strengthen supply chain capabilities nASM000D95nIfp1Wx54M

** The Hang Seng consumer goods and services index .HSCGSI rises 1.5%, Hang Seng Tech Index .HSTECH surges 1.7% and the benchmark Hang Seng Index .HSI edges up 0.1%



(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))