Hong Kong–based online brokerage Futu's stock soars 39.5% in trading debut
Shares of Hong Kong online brokerage Futu Holdings Ltd. futu soared 39.5% in their trading debut Friday, after the company priced its initial public offering at the high end of its range. The company sold 7.5 million American Depositary Shares at $12 each to raise $90 million.
See Full Story Futu is the first big Chinese IPO of 2019: 5 things to know about the online brokerage Futu Holdings Ltd., a Hong Kong-based, online brokerage that is backed by Chinese internet giant Tencent Holdings Ltd., has become the first big Asian initial public offerings of 2019. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Scuba diver spends hours underneath ice-covered Lake Michigan exploring shipwrecksMichigan man Chris Roxburgh submerges beneath frozen lakes for ice diving excursions and searches for underwater shipwrecks.
Read more »
Pollution soars in Northern China in February: official dataAir pollution in 39 smog-prone northern Chinese cities soared in February, makin...
Read more »
Italy plans to join China's Belt and Road Initiative: FTItaly plans to sign a memorandum of understanding to become a part of China&039...
Read more »
Hundreds of jihadists surrender in eastern Syria enclaveHundreds of Islamic State militants have surrendered as they left the group&039...
Read more »
Attack on Shi'ite Muslim gathering in Afghan capital kills at least oneSeveral rockets were fired on Thursday at a gathering of members of the Shi&039...
Read more »
Explainer: In Trump-Russia probe, when does collusion become a crime?As Special Counsel Robert Mueller has pursued his investigation into Moscow&039...
Read more »
Oil drops towards $65 as Libya's biggest field restartsOil fell towards $65 a barrel on Tuesday, pressured by the restart of Libya&039...
Read more »
Lyft's financials show a $911 million loss ahead of its IPOLyft is the first major unicorn of 2019 to publicly reveal their IPO filing, which shows it is valued at $15 billion.
Read more »
Coal ash contaminating groundwater nationwide, groups sayWaste ash from hundreds of coal-fired power plants has contaminated groundwater in 39 states with toxic substances like arsenic, lithium and mercury, according to a report by two environmental groups that was based on data the plants reported to the EPA
Read more »