US Stock and Financial News

Tiny IPO Spikes 1,150% in US Debut in Wake of AMTD Digital

(Bloomberg) — For the seventh time this year, a tiny US listing by a company based in China or Hong Kong is seeing a wild price surge after its initial public offering.Most Read from BloombergChina Announces Sanctions on Nancy Pelosi Over Taiwan TripChina Likely Fired Missiles Over Taiwan in Drills, Japan SaysDemocrats Drop Carried Interest as Sinema Paves Way for Tax VoteThis time, it’s Hong Kong’s Magic Empire Global Ltd.. which was halted for volatility after opening 1,150% above its IPO pri

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