Yeahka wins top end pricing for HK$1.6bn IPO

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By Jonathan Breen
26 May 2020

Chinese online payments platform Yeahka rode on strong demand from both institutional and retail investors for its Hong Kong IPO, to price the HK$1.64bn ($211.9m) deal at the top of guidance.

Yeahka launched a virtual roadshow for its IPO last week, to raise funds to help boost its customer base and transaction volume on its platform.

The IPO comprised 98.7m shares, which were on offer at HK$12.64 to HK$16.64 per share. The range gave the company potential proceeds ...

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