First dual-class Star stock surges on debut

Rebecca Feng

January 21, 2020 08:30 am

Arrow_chart_market_up_Adobe_230x150 — A flat section of a digital stock market indicator board with green numbers making up an upward facing arrow | alswart - stock.adobe.com

UCloud Technology Co, a cloud storage company, became the first Chinese dual-class share issuer to list in mainland China. The firm’s stock price jumped 120% on Monday.

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Topics

Equity China Asia Greater China China Loans and Equity Northeast Asia China Asia Pacific Emerging Markets

RF

Rebecca Feng