E-commerce firm Yoho shines in Hong Kong debut, outperform main index

Yoho group

10/06/2022 07:17

** Shares of e-commerce company Yoho Group Holdings Ltd
 2347.HK  trade as high as HK$2.45 per share in Hong Kong
trading debut on Friday, up 16.7% from the IPO price
    ** Stock last up 2.4% at HK$2.15, as compared to the IPO
price of HK$2.10 apiece
    ** Consumer electronics and home appliances focused
e-commerce platform operator offered 55 mln shares in IPO
raising proceed to expand products offering and strengthen
supply chain capabilities  urn:newsml:reuters.com:*:nASM000D95 urn:newsml:reuters.com:*:nIfp1Wx54M
    ** The Hang Seng consumer goods and services index  .HSCGSI 
rises 1.5%, Hang Seng Tech Index  .HSTECH  surges 1.7% and the
benchmark Hang Seng Index  .HSI  edges up 0.1%


 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))