360 Ludashi gains 220% in HK debut

Advanced Search

The story appears on

Page A10

October 11, 2019

GET this page in PDF

Free for subscribers

View shopping cart

360 Ludashi gains 220% in HK debut

By Zhu Shenshen | 00:05 UTC+8 October 11, 2019 |

Print Edition

Chinese software developer 360 Ludashi Holdings surged almost 220 percent yesterday on its debut on the Hong Kong stock market.

Ludashi, which raised HK$162 million (US$20.8 million) from its initial public offering, is the latest domestic tech firm listed in Hong Kong.

Ludashi closed at HK$8.60 yesterday, jumping 218.52 percent.

Founded in 2014, Ludashi is a computer system optimization and security firm, which was recently spun off from China’s biggest Internet security firm Qihoo 360. It now has more than 600 million users, mainly desktop computer and Android smartphone users.

Business

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

360 Ludashi gains 220% in HK debut

Email this to your friend