Day Pigeon Interactive Today officially traded on HKEx

Summary: View the latest quotes July 9 afternoon news, video social community 9158 operating Company Day Pigeon Interactive today officially traded on HKEx, trading code of 01980. HK Price is HK $5.28. The first day of the Pigeon Interactive closed at 5.72 Hong Kong dollar, higher than the price of 8.33 to see the latest market

July 9 Afternoon news, video social community 9158 operating Company Day Pigeon Interactive today officially traded on HKEx, trading code of 01980. HK Price is HK $5.28. The day-pigeon interaction closed at HK $5.72, up 8.33% from the IPO price.

Day Pigeon Interactive opening price of HK $5.99, up 13.45% higher than the IPO. The interactive market value of the day pigeon will reach HK $7.3 billion (about 940 million US dollars).

The day of the Pigeon interactive June submitted to Hong Kong listing applications, the IPO price range of 4.5 to 5.3 Hong Kong dollars, plans to sell about 304 million new shares, the final set price of HK $5.28, close to the range limit, financing scale of HK $1.6 billion.

According to media reports in Hong Kong, the interactive public offering is favored by Hong Kong investors, and a total of 7,502 valid applications were received in Hong Kong for a subscription of HK $2.316 billion, that is, shares were oversubscribed 75.13 times times. It will then start the callback mechanism and increase the number of public offerings in Hong Kong to more than 121 million shares, representing 40% of the total.

The video site, which attracts 360 of cornerstone investors, has a gross margin of 87.6% per cent in 2013, while revenue and net profits for 2013 were 548.2 million and 206.3 million yuan respectively. (Chang)