News Snapshot:
Netjoy delivers online marketing solutions through video and content in China, primarily through top online publishers, including Douyin, Huoshan, Xigua Video and Kuaishou. The IPO raised over HK$1.396 billion (US$180 million), and listed on 17 December 2020. “Tech IPOs are flourishing in the Hong Kong market,†said Tom Chau , head of the firm’s Beijing office. “In particular we have seen a number of blockbuster offerings by Chinese tech companies in 2020, with many more in the pipeline for next year." Data shows that Hong Kong has posted a 24% increase in funds raised in 2020 – raising a total...