Shares in a Hong Kong magazine publisher surged almost 900% on their first day of trading

Hong Kong media company sees shares jump almost 900% on day of IPO. Shares in Most Kwai Chung, a media firm which publishes a popular satirical magazine, climbed from HK$1.2 (£0.11; $0.15) to a high of HK$11.76 (£1.06; $1.50). “We feel surprised about …
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