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Published 2 years ago

Flowing Cloud Tech Debuts on HKEX: Will Become First Metaverse IPO in Hong Kong

Summary by Ground News
The first Metaverse HK IPO, Flowing Cloud Technology Ltd(6610.HK), officially launched on 29 Sep with the fundraising amount around US$ 100 million. One the first day of book building, the HK public offering tranche was 5 times oversubscribed, which is the largest HK IPO with such multiples of oversubscribe on the book open day this year.

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