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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