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Investors Fire Up Hong Kong IPO for E-Cigarette Specialist

2020年07月10日 18:30 来源于 财新网
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Shares of Smoore International, a key developer of the technology behind the recent vaping craze, more than double on their first day of trading
Shares of Smoore, the world’s largest company in the fast-growing vaping sector, more than doubled on their first day trading in Hong Kong.

It was a smoking debut for e-cigarette specialist Smoore International Holdings Ltd.

Shares of the world’s largest company in the fast-growing vaping sector more than doubled on their first trading day, closing at HK$31 ($4) after selling for an IPO price of HK$12.40. The company raised HK$7.1 billion from the share sale, and ended its first trading day with a market value of about $22 billion.

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