Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut

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Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut

Bloomberg2021-03-31

Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...

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Comment（15）

SHAUN
·2021-03-31
Be greedy when others are fearful
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1
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- Huishan:
  Yessss
  2021-04-01
  Reply
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kohaku84
·2021-03-31
Weird name
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2
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Jakielwj
·2021-03-31
Like and comment
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1
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andrew123
·2021-03-31
Not all ipo is a goldmine
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Jwjg
·2021-03-31
Wow
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1
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Jojofi
·2021-03-31
Time to pick cheap stock?
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2
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- Didilai:
  Why not?
  2021-03-31
  Reply
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LaiX
·2021-03-31
Don't fall for me
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1
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Crappydk
·2021-03-31
Wow
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1
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kentt0414
·2021-03-31
Need comment and like. Thank you.
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3
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- Aaronykc:
  Please like and reply
  2021-03-31
  Reply
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Jovin82
·2021-03-31
Good read
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NAMNORIMAI
·2021-03-31
[財迷] [財迷]
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1
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Dirui
·2021-03-31
Not all is gold
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1
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- Leo_T:
  true
  2021-03-31
  Reply
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- Dree91:
  [捂嘴]
  2021-03-31
  Reply
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Kaka85
·2021-03-31
Recent market conditions doesn’t favor growth stocks
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1
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SSVC
·2021-03-31
Difficult to make money from IPO now.
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JWZ137
·2021-03-31
Wow
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The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.</p><p>If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.</p><p>Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.</p><p>Linklogis Inc., another fintech company, is scheduled to list on April 9.</p><p>Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Fintech Firm Falls as Much as 13% in Hong Kong Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76824cd4c5b97eaacdaab63d96995a28","relate_stocks":{"06608":"百融云-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183840381","content_text":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.Linklogis Inc., another fintech company, is scheduled to list on April 9.Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":354603700,"gmtCreate":1617163326301,"gmtModify":1704696645644,"author":{"id":"3574904481859064","authorId":"3574904481859064","name":"Jakielwj","avatar":"https://static.tigerbbs.com/a96b88655eaef6d957af1fdcfc74ce9d","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":1,"crmLevelSwitch":1,"idStr":"3574904481859064","authorIdStr":"3574904481859064"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354603700","repostId":1183840381,"repostType":4,"repost":{"id":"1183840381","pubTimestamp":1617157299,"share":"https://ttm.financial/m/news/1183840381?lang=&edition=fundamental","pubTime":"2021-03-31 10:21","market":"hk","language":"en","title":"Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1183840381","media":"Bloomberg","summary":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the f","content":"<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.</p><p>Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.</p><p>If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.</p><p>Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.</p><p>Linklogis Inc., another fintech company, is scheduled to list on April 9.</p><p>Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Fintech Firm Falls as Much as 13% in Hong Kong Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76824cd4c5b97eaacdaab63d96995a28","relate_stocks":{"06608":"百融云-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183840381","content_text":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.Linklogis Inc., another fintech company, is scheduled to list on April 9.Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":354846035,"gmtCreate":1617161574527,"gmtModify":1704696624280,"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://community-static.tradeup.com/news/f2a1eaba26272212d42018e60e78b422","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":0,"idStr":"3576260758860416","authorIdStr":"3576260758860416"},"htmlText":"Not all ipo is a goldmine","listText":"Not all ipo is a goldmine","text":"Not all ipo is a goldmine","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354846035","repostId":1183840381,"repostType":4,"repost":{"id":"1183840381","pubTimestamp":1617157299,"share":"https://ttm.financial/m/news/1183840381?lang=&edition=fundamental","pubTime":"2021-03-31 10:21","market":"hk","language":"en","title":"Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1183840381","media":"Bloomberg","summary":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the f","content":"<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.</p><p>Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.</p><p>If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.</p><p>Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.</p><p>Linklogis Inc., another fintech company, is scheduled to list on April 9.</p><p>Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Fintech Firm Falls as Much as 13% in Hong Kong Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76824cd4c5b97eaacdaab63d96995a28","relate_stocks":{"06608":"百融云-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183840381","content_text":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.Linklogis Inc., another fintech company, is scheduled to list on April 9.Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":354841214,"gmtCreate":1617161483438,"gmtModify":1704696621506,"author":{"id":"3573208748215140","authorId":"3573208748215140","name":"Jwjg","avatar":"https://static.tigerbbs.com/a7577913984a106be3db58c3b0d84179","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573208748215140","authorIdStr":"3573208748215140"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354841214","repostId":1183840381,"repostType":4,"repost":{"id":"1183840381","pubTimestamp":1617157299,"share":"https://ttm.financial/m/news/1183840381?lang=&edition=fundamental","pubTime":"2021-03-31 10:21","market":"hk","language":"en","title":"Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1183840381","media":"Bloomberg","summary":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the f","content":"<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.</p><p>Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.</p><p>If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.</p><p>Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.</p><p>Linklogis Inc., another fintech company, is scheduled to list on April 9.</p><p>Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Fintech Firm Falls as Much as 13% in Hong Kong Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76824cd4c5b97eaacdaab63d96995a28","relate_stocks":{"06608":"百融云-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183840381","content_text":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.Linklogis Inc., another fintech company, is scheduled to list on April 9.Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":354851821,"gmtCreate":1617160673063,"gmtModify":1704696606163,"author":{"id":"3574911895867822","authorId":"3574911895867822","name":"Jojofi","avatar":"https://static.tigerbbs.com/b38ecb7f10f831fb2c5dfa4b6984a1cb","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574911895867822","authorIdStr":"3574911895867822"},"htmlText":"Time to pick cheap stock?","listText":"Time to pick cheap stock?","text":"Time to pick cheap stock?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/354851821","repostId":1183840381,"repostType":4,"repost":{"id":"1183840381","pubTimestamp":1617157299,"share":"https://ttm.financial/m/news/1183840381?lang=&edition=fundamental","pubTime":"2021-03-31 10:21","market":"hk","language":"en","title":"Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1183840381","media":"Bloomberg","summary":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the f","content":"<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.</p><p>Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.</p><p>If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.</p><p>Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.</p><p>Linklogis Inc., another fintech company, is scheduled to list on April 9.</p><p>Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Fintech Firm Falls as Much as 13% in Hong Kong Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76824cd4c5b97eaacdaab63d96995a28","relate_stocks":{"06608":"百融云-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183840381","content_text":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.Linklogis Inc., another fintech company, is scheduled to list on April 9.Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3927146,"gmtCreate":1617160740857,"gmtModify":1680782392087,"authorId":3579091077947115,"author":{"id":3579091077947115,"idStr":"3579091077947115","authorId":3579091077947115,"name":"Didilai","avatar":"https://static.tigerbbs.com/7c36c3a0e5eed09ce50765877a8f373c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":354851821,"type":1,"supId":0,"prevId":0,"content":"Why not?","text":"Why not?","html":"Why not?"}],"langContent":"EN"},{"id":354853971,"gmtCreate":1617160569893,"gmtModify":1704696604203,"author":{"id":"3569974043389968","authorId":"3569974043389968","name":"LaiX","avatar":"https://static.tigerbbs.com/40f8978e948756592405706751ebcadd","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3569974043389968","authorIdStr":"3569974043389968"},"htmlText":"Don't fall for me","listText":"Don't fall for me","text":"Don't fall for me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354853971","repostId":1183840381,"repostType":4,"repost":{"id":"1183840381","pubTimestamp":1617157299,"share":"https://ttm.financial/m/news/1183840381?lang=&edition=fundamental","pubTime":"2021-03-31 10:21","market":"hk","language":"en","title":"Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1183840381","media":"Bloomberg","summary":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the f","content":"<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.</p><p>Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.</p><p>If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.</p><p>Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.</p><p>Linklogis Inc., another fintech company, is scheduled to list on April 9.</p><p>Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Fintech Firm Falls as Much as 13% in Hong Kong Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76824cd4c5b97eaacdaab63d96995a28","relate_stocks":{"06608":"百融云-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183840381","content_text":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.Linklogis Inc., another fintech company, is scheduled to list on April 9.Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":354825635,"gmtCreate":1617160221927,"gmtModify":1704696597487,"author":{"id":"3574910538222453","authorId":"3574910538222453","name":"Crappydk","avatar":"https://static.tigerbbs.com/c09d22a8fe0841c14f99443935bbb380","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574910538222453","authorIdStr":"3574910538222453"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354825635","repostId":1183840381,"repostType":4,"repost":{"id":"1183840381","pubTimestamp":1617157299,"share":"https://ttm.financial/m/news/1183840381?lang=&edition=fundamental","pubTime":"2021-03-31 10:21","market":"hk","language":"en","title":"Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1183840381","media":"Bloomberg","summary":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the f","content":"<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.</p><p>Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.</p><p>If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.</p><p>Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.</p><p>Linklogis Inc., another fintech company, is scheduled to list on April 9.</p><p>Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Fintech Firm Falls as Much as 13% in Hong Kong Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76824cd4c5b97eaacdaab63d96995a28","relate_stocks":{"06608":"百融云-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183840381","content_text":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.Linklogis Inc., another fintech company, is scheduled to list on April 9.Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":354821020,"gmtCreate":1617159877060,"gmtModify":1704696591438,"author":{"id":"3574859157747023","authorId":"3574859157747023","name":"kentt0414","avatar":"https://static.tigerbbs.com/5cb38e16dbe595762bcd9e1118264f54","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574859157747023","authorIdStr":"3574859157747023"},"htmlText":"Need comment and like. Thank you.&nbsp;","listText":"Need comment and like. Thank you.&nbsp;","text":"Need comment and like. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/354821020","repostId":1183840381,"repostType":4,"repost":{"id":"1183840381","pubTimestamp":1617157299,"share":"https://ttm.financial/m/news/1183840381?lang=&edition=fundamental","pubTime":"2021-03-31 10:21","market":"hk","language":"en","title":"Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1183840381","media":"Bloomberg","summary":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the f","content":"<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.</p><p>Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.</p><p>If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.</p><p>Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.</p><p>Linklogis Inc., another fintech company, is scheduled to list on April 9.</p><p>Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Fintech Firm Falls as Much as 13% in Hong Kong Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76824cd4c5b97eaacdaab63d96995a28","relate_stocks":{"06608":"百融云-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183840381","content_text":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.Linklogis Inc., another fintech company, is scheduled to list on April 9.Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3927083,"gmtCreate":1617160320559,"gmtModify":1680782387989,"authorId":3571535693267201,"author":{"id":3571535693267201,"idStr":"3571535693267201","authorId":3571535693267201,"name":"Aaronykc","avatar":"https://static.tigerbbs.com/a6fb0a4f08d4e7b8733e7ebc2445aad5","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.13%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.24","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":354821020,"type":1,"supId":0,"prevId":0,"content":"Please like and reply","text":"Please like and reply","html":"Please like and reply"}],"langContent":"EN"},{"id":354887524,"gmtCreate":1617158810468,"gmtModify":1704696573924,"author":{"id":"3576981890239678","authorId":"3576981890239678","name":"Jovin82","avatar":"https://static.tigerbbs.com/752a4c83d93acf209829577d533a6593","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3576981890239678","authorIdStr":"3576981890239678"},"htmlText":"Good read","listText":"Good read","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354887524","repostId":1183840381,"repostType":4,"repost":{"id":"1183840381","pubTimestamp":1617157299,"share":"https://ttm.financial/m/news/1183840381?lang=&edition=fundamental","pubTime":"2021-03-31 10:21","market":"hk","language":"en","title":"Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1183840381","media":"Bloomberg","summary":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the f","content":"<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.</p><p>Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.</p><p>If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.</p><p>Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.</p><p>Linklogis Inc., another fintech company, is scheduled to list on April 9.</p><p>Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Fintech Firm Falls as Much as 13% in Hong Kong Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76824cd4c5b97eaacdaab63d96995a28","relate_stocks":{"06608":"百融云-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183840381","content_text":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.Linklogis Inc., another fintech company, is scheduled to list on April 9.Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":354889111,"gmtCreate":1617158097933,"gmtModify":1704696563395,"author":{"id":"3576456994933601","authorId":"3576456994933601","name":"NAMNORIMAI","avatar":"https://static.tigerbbs.com/cb1dbfe36f9e10132c7609adfce35214","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576456994933601","authorIdStr":"3576456994933601"},"htmlText":"[財迷]&nbsp;[財迷]&nbsp;","listText":"[財迷]&nbsp;[財迷]&nbsp;","text":"[財迷] [財迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354889111","repostId":1183840381,"repostType":4,"repost":{"id":"1183840381","pubTimestamp":1617157299,"share":"https://ttm.financial/m/news/1183840381?lang=&edition=fundamental","pubTime":"2021-03-31 10:21","market":"hk","language":"en","title":"Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1183840381","media":"Bloomberg","summary":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the f","content":"<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.</p><p>Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.</p><p>If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.</p><p>Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.</p><p>Linklogis Inc., another fintech company, is scheduled to list on April 9.</p><p>Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Fintech Firm Falls as Much as 13% in Hong Kong Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76824cd4c5b97eaacdaab63d96995a28","relate_stocks":{"06608":"百融云-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183840381","content_text":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.Linklogis Inc., another fintech company, is scheduled to list on April 9.Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":354812832,"gmtCreate":1617157711526,"gmtModify":1704696556603,"author":{"id":"3576728357666184","authorId":"3576728357666184","name":"Dirui","avatar":"https://static.tigerbbs.com/028fdb43f6018331c0e01e03918d42c9","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3576728357666184","authorIdStr":"3576728357666184"},"htmlText":"Not all is gold","listText":"Not all is gold","text":"Not all is gold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/354812832","repostId":1183840381,"repostType":4,"repost":{"id":"1183840381","pubTimestamp":1617157299,"share":"https://ttm.financial/m/news/1183840381?lang=&edition=fundamental","pubTime":"2021-03-31 10:21","market":"hk","language":"en","title":"Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1183840381","media":"Bloomberg","summary":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the f","content":"<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.</p><p>Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.</p><p>If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.</p><p>Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.</p><p>Linklogis Inc., another fintech company, is scheduled to list on April 9.</p><p>Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Fintech Firm Falls as Much as 13% in Hong Kong Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76824cd4c5b97eaacdaab63d96995a28","relate_stocks":{"06608":"百融云-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183840381","content_text":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.Linklogis Inc., another fintech company, is scheduled to list on April 9.Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3926753,"gmtCreate":1617157824631,"gmtModify":1680782380683,"authorId":3577164655493669,"author":{"id":3577164655493669,"idStr":"3577164655493669","authorId":3577164655493669,"name":"Leo_T","avatar":"https://static.tigerbbs.com/4639e7c3fcdc38b65d6833798171bf2d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":354812832,"type":1,"supId":0,"prevId":0,"content":"<u>true</u>","text":"<u>true</u>","html":"<u>true</u>"},{"id":3926823,"gmtCreate":1617158263051,"gmtModify":1680782379098,"authorId":3579640404391166,"author":{"id":3579640404391166,"idStr":"3579640404391166","authorId":3579640404391166,"name":"Dree91","avatar":"https://static.tigerbbs.com/e08fc9c98b4a247f7123a7b3a3c93d35","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":354812832,"type":1,"supId":0,"prevId":0,"content":"[捂嘴]","text":"[捂嘴]","html":"[捂嘴]"}],"langContent":"EN"},{"id":354818243,"gmtCreate":1617157591682,"gmtModify":1704696554333,"author":{"id":"3567602190294873","authorId":"3567602190294873","name":"Kaka85","avatar":"https://static.tigerbbs.com/910cbde97dcc78d3d6264dbe2422fdad","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3567602190294873","authorIdStr":"3567602190294873"},"htmlText":"Recent market conditions doesn’t favor growth stocks","listText":"Recent market conditions doesn’t favor growth stocks","text":"Recent market conditions doesn’t favor growth stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354818243","repostId":1183840381,"repostType":4,"repost":{"id":"1183840381","pubTimestamp":1617157299,"share":"https://ttm.financial/m/news/1183840381?lang=&edition=fundamental","pubTime":"2021-03-31 10:21","market":"hk","language":"en","title":"Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1183840381","media":"Bloomberg","summary":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the f","content":"<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.</p><p>Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.</p><p>If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.</p><p>Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.</p><p>Linklogis Inc., another fintech company, is scheduled to list on April 9.</p><p>Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Fintech Firm Falls as Much as 13% in Hong Kong Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76824cd4c5b97eaacdaab63d96995a28","relate_stocks":{"06608":"百融云-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183840381","content_text":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.Linklogis Inc., another fintech company, is scheduled to list on April 9.Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":354813486,"gmtCreate":1617157488745,"gmtModify":1704696551576,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574906731000207","authorIdStr":"3574906731000207"},"htmlText":"Difficult to make money from IPO now.&nbsp;","listText":"Difficult to make money from IPO now.&nbsp;","text":"Difficult to make money from IPO now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354813486","repostId":1183840381,"repostType":4,"repost":{"id":"1183840381","pubTimestamp":1617157299,"share":"https://ttm.financial/m/news/1183840381?lang=&edition=fundamental","pubTime":"2021-03-31 10:21","market":"hk","language":"en","title":"Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1183840381","media":"Bloomberg","summary":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the f","content":"<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.</p><p>Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.</p><p>If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.</p><p>Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.</p><p>Linklogis Inc., another fintech company, is scheduled to list on April 9.</p><p>Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Fintech Firm Falls as Much as 13% in Hong Kong Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76824cd4c5b97eaacdaab63d96995a28","relate_stocks":{"06608":"百融云-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183840381","content_text":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.Linklogis Inc., another fintech company, is scheduled to list on April 9.Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":354813088,"gmtCreate":1617157463144,"gmtModify":1704696550441,"author":{"id":"3575067142498671","authorId":"3575067142498671","name":"JWZ137","avatar":"https://static.tigerbbs.com/842968796125e5a418b21a3b4ab603ef","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3575067142498671","authorIdStr":"3575067142498671"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354813088","repostId":1183840381,"repostType":4,"repost":{"id":"1183840381","pubTimestamp":1617157299,"share":"https://ttm.financial/m/news/1183840381?lang=&edition=fundamental","pubTime":"2021-03-31 10:21","market":"hk","language":"en","title":"Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1183840381","media":"Bloomberg","summary":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the f","content":"<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.</p><p>Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.</p><p>If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.</p><p>Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.</p><p>Linklogis Inc., another fintech company, is scheduled to list on April 9.</p><p>Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Fintech Firm Falls as Much as 13% in Hong Kong Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Fintech Firm Falls as Much as 13% in Hong Kong Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76824cd4c5b97eaacdaab63d96995a28","relate_stocks":{"06608":"百融云-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-31/chinese-fintech-firm-falls-as-much-as-13-in-hong-kong","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183840381","content_text":"Chinese fintech firm Bairong Inc. slumped during its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of the artificial intelligence-powered technology platform fell by as much as 13% to HK$27.55 in Hong Kong. The company had priced its shares at HK$31.80 each in the IPO offering, the high end of its indicated range.If the decline holds through the close, that would make it the worst debut among IPOs exceeding $500 million in Hong Kong since February 2018. A-Living Smart City Services Co. dropped 23% when itdebuted.Bairong’s$507 million listingcomes after lackluster investor response to a number of tech debuts recently against the backdrop of a broader selloff due to concerns about lofty valuations and increasing crackdown by Beijing. Video streaming service Bilibili Inc.fellduring its debut on Monday while Baidu Inc. - which debuted just last week - is trading nearly 15% below its listing price.Linklogis Inc., another fintech company, is scheduled to list on April 9.Bairong’s cornerstone investors include Cederberg Capital Ltd., China Structural Reform Fund Corp. and Franchise Fund LP, which together bought about 64 million shares in the company, accounting for over 40% of this offering, according to itsprospectus. The company’s revenue jumped 47% on year in 2019, but is down during the first nine months of 2020 relative to the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":56,"commentSize":15,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}