China Literature became Hong Kong’s most-profitable debut stock in a decade on Wednesday, after seeing its value soar as much as 90 per cent on day one of trading. Photo: Bloomberg

Tencent’s China Literature most-profitable IPO debut in a decade after value soars as much as 100pc

Stock price ends the day at HK$102.4, 86pc up from its IPO price of HK$55; 143m shares change hands, worth a total HK$14b, giving it a market cap of HK$93b

Topic |   IPO

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China Literature became Hong Kong’s most-profitable debut stock in a decade on Wednesday, after seeing its value soar as much as 90 per cent on day one of trading. Photo: Bloomberg
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