News Snapshot:
- A + A HONG KONG (April 9): Shares of Chinese fintech firm Linklogis Inc, which is backed by technology giant Tencent Holdings, opened 9.9% higher in their Hong Kong debut on Friday after the company raised $1.02 billion in its initial public offering. The shares traded at HK$19.32 ($2.48), compared to the $HK17.58 price in the IPO that sold 452.87 million shares. Hong Kong's Hang Seng Index was down 0.40% in early trading on Friday while the Hang Seng Tech Index was up 0.17%. Chinese fintech companies have come under greater scrutiny from mainland regulators since a $37 billion...
