Chinese gaming giant NetEase surges over 9% in Hong Kong debut
Chinese gaming giant NetEase surges over 9% in Hong Kong debut

Chinese gaming giant NetEase surges over 9% in Hong Kong debut

 

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NetEase Inc. surged more than 9 per cent at the start of its first day of trading in Hong Kong, which bodes well for a growing line-up of Chinese tech giants seeking to list in the financial hub.

Shares in China’s second-biggest gaming company after Tencent Holdings Ltd. opened at HK$133. That’s after NetEase’s shares changed hands at a roughly 2 per cent to 3 per cent premium to its HK$123 listing price prior to the debut.

NetEase raised $2.7 billion in its Hong Kong listing. The . . .

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