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Singapore-based ZACD Group in modest debut on HKEX

Shares of the asset management company end 1.6% higher against IPO price

Singapore

SHARES of Singapore-headquartered ZACD Group closed 1.6 per cent higher than its initial public offering (IPO) price of HK$0.32 on Tuesday, its first day of trading on the GEM board of the Stock Exchange of Hong Kong (HKEX).

The asset management company, which offers

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