BUZZ-Laopu Gold, Tianju shine in Hong Kong debut, ride-share app Dida falls

Reuters06-28

** Shares of Chinese gold jewellery retailer Laopu Gold

and information technology services group Tianju Dihe Suzhou Technology jump in Hong Kong debut, tracking a firmer tone in the broader market

** Laopu Gold trades as high as HK$69.1, up 70.6% from the IPO price of HK$40.50 apiece. Stock last up 63.2%

** Laopu Gold offered 19.5 mln shares in IPO, raising HK$790 mln ($101.2 mln) to expand sales network and increase brand awareness

** Tianju Dihe rises as much as 39% to HK$115.8. Stock last up 33.9% from the IPO price of HK$83.33 apiece

** Tianju Dihe sold 4.82 mln shares in IPO, raising HK$401.7 mln to upgrade data management solutions products and services,

among others

** Beijing-based ride-share app operator Dida Inc trades as low as HK$5.23 on debut, down 12.8% from the IPO price of HK$6 apiece. Stock last down 9.7%

** Dida offered 39.1 mln shares in IPO, raising HK$234.6 mln for enlarging user base and advancing technological capabilities

** Hang Seng Index climbs 0.4%, while Hang Seng Tech Index slips 0.5%

($1 = 7.8069 Hong Kong dollars)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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