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Tencent's China Literature sees stellar debut as HK money piles into tech stocks
Shares double in their debut, rising to as much as HK$110 in early trade
China Literature's co-chief executive officers Liang Xiaodong (left), and Wu Wenhui celebrating the company's IPO on Wednesday.
PHOTO: BLOOMBERG
Hong Kong
TENCENT'S e-book unit China Literature Ltd's shares doubled in their debut on Wednesday as Hong Kong investors embraced a rush of technology listings, with the stock on track to mark the biggest first-day pop for a large initial public offering (IPO) globally this year.
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