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Ruqi Mobility Shares Drop Over 14% on Hong Kong IPO Debut

Jul. 9, 2024  22:23

AsianFin--Ruqi Mobility, a Chinese ride-hailing platform, recorded a significant drop on its first day of trading on the Hong Kong Stock Exchange.

The stock opened more than 14% lower, trading at HKD 30 per share. The company's final offering price was set at HKD 35 per share, with the global offering raising approximately HKD 969.2 million in net proceeds.

Asia Pacific

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    37869.51 (  -1285.34   -3.28%  )
  • HSI
    17004.97 (  -306.08   -1.77%  )
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    3399.27 (  -18.90   -0.55%  )

Americas

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Europe, Middle East & Africa

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    4811.28 (  -50.59   -1.04%  )
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    18298.72 (  -88.74   -0.48%  )