The game’s on as Feiyu opens $99m IPO
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The game’s on as Feiyu opens $99m IPO

Carrot fantasy game - Feiyu

Feiyu Technology International Co, a mobile game developer, has pressed the play button on its HK$765m ($99m) listing, opening books on November 25. The shares are being offered at a discount to some of the closest comparables, but bankers said valuation was not a priority for investors who are more concerned about the business having the right team in place to develop the next big game.

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