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2021-04-26

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HK-listed video game group Feiyu hits over 3-1/2 year high on share sale plans

** Shares of China's video game developer and distributor Feiyu Technology International Co Ltd j

HK-listed video game group Feiyu hits over 3-1/2 year high on share sale plans

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is the biggest percentage gainer on the Hong Kong bourse** Fujian-based company plans to issue 171.88 mln new shares, or 10% of the enlarged share capital, to a third party THL H Ltd for HK$119.3 mln ($15.4 mln), raising capital for product development, for publishing and marketing** The new shares will be issued at HK$0.6941 apiece, or a 8.45% premium over Friday's close of HK$0.64** The Hong Kong Hang Seng sub-index tracking information technology firms    rises 1.6%, and the Hang Seng Tech Index    climbs 1.3%** Both the Hang Seng China enterprises index    and the benchmark index    gain 0.2%** As of the previous close, the stock had soared 255.6% this year","news_type":1},"isVote":1,"tweetType":1,"viewCount":337,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":21,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}

HK-listed video game group Feiyu hits over 3-1/2 year high on share sale plans

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