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Linklogis pockets $1bn from Hong Kong listing
Linklogis has priced its Hong Kong IPO above the mid-point of the price guidance, netting HK$7.96bn ($1.02bn), according to a source close to the deal.
The company, based in China, provides cloud-based and digital supply chain finance services, counting internet giant Tencent Holdings among its largest shareholders. It is listing 452.9m shares on Hong Kong’s bourse, equal to 20% of its enlarged share capital.
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