AMTD International +14.29% Pos-To The Moon - Tiger Brokers Online Investing Community - To The Moon

AMTD International

+14.29%

Post

AMTD Digital Inc.

+6.61%

Post

AMTD Idea (AMTD) and AMTD Digital (HKD) are both jumping today.

AMTD Digital is a subsidiary of AMTD Idea.

HKD stock is being viewed by some as a metaverse play.

AMTD Idea (NYSE:AMTD) and AMTD Digital (NYSE:HKD) are both jumping on Tuesday regular trading hours, with AMTD stock soaring more than 236% to $7 and HKD stock advancing 126% to $1679. Hong Kong-based AMTD Idea is an investment bank, while its subsidiary, AMTD Digital, has created digital tools that perform functions related to financial services.

One of AMTD Digital’s tools, AMTD SpiderNet, is being labeled by some as a metaverse. InvestorPlacecontributor Dana Blankenhorn reported that SpiderNet seeks “to connect all AMTD’s financial operations and intellectual property into a controlled digital ecosystem.”

Since AMTD Digital launched its initial public offering (IPO) on July 15, HKD stock has been one of the top movers in the market, rocketing from $27.80 on July 18 to $1679 yesterday.

AMTD Idea’s shares have previously undergone some volatility as well in recent weeks. On July 22, AMTD stock rallied more than 100%, climbing to $2.20 from its close of $1.08 on the previous trading day.

On July 15, AMTD IDEA announced that AMTD Digital had successfully priced an IPO of its American depositary shares on the New York Stock Exchange. The IPO price was $7.80 per share, and AMTD Digital’s gross proceeds came in at nearly $125 million, excluding underwriters’ options.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Samlunch
2022-08-03
Samlunch
Get ready for it to dump massively
GarethTan
2022-08-03
GarethTan
[Miser] [Miser]
chyoli
2022-08-03
chyoli
Hi
MaxWin
2022-08-03
MaxWin
coo
Burger King
2022-08-03
Burger King
🍀
KingJo
2022-08-03
KingJo
Ok

Leave a comment

57

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Hong Kong-based AMTD Idea is an investment bank, while its subsidiary, AMTD Digital, has created digital tools that perform functions related to financial services.</p><p>One of AMTD Digital’s tools, AMTD SpiderNet, is being labeled by some as a metaverse. InvestorPlacecontributor Dana Blankenhorn reported that SpiderNet seeks “to connect all AMTD’s financial operations and intellectual property into a controlled digital ecosystem.”</p><p>Since AMTD Digital launched its initial public offering (IPO) on July 15, HKD stock has been one of the top movers in the market, rocketing from $27.80 on July 18 to $1679 yesterday.</p><p>AMTD Idea’s shares have previously undergone some volatility as well in recent weeks. On July 22, AMTD stock rallied more than 100%, climbing to $2.20 from its close of $1.08 on the previous trading day.</p><p>On July 15, AMTD IDEA announced that AMTD Digital had successfully priced an IPO of its American depositary shares on the New York Stock Exchange. The IPO price was $7.80 per share, and AMTD Digital’s gross proceeds came in at nearly $125 million, excluding underwriters’ options.</p></body></html>","htmlText":"<html><head></head><body><p>AMTD International</p><p>+14.29%</p><p>Post</p><p>AMTD Digital Inc.</p><p>+6.61%</p><p>Post</p><p>AMTD Idea (AMTD) and AMTD Digital (HKD) are both jumping today.</p><p>AMTD Digital is a subsidiary of AMTD Idea.</p><p>HKD stock is being viewed by some as a metaverse play.</p><p>AMTD Idea (NYSE:AMTD) and AMTD Digital (NYSE:HKD) are both jumping on Tuesday regular trading hours, with AMTD stock soaring more than 236% to $7 and HKD stock advancing 126% to $1679. Hong Kong-based AMTD Idea is an investment bank, while its subsidiary, AMTD Digital, has created digital tools that perform functions related to financial services.</p><p>One of AMTD Digital’s tools, AMTD SpiderNet, is being labeled by some as a metaverse. 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