[Featured Stock] Finger Soars on First Day of Listing... Up 154% from IPO Price
[Asia Economy Reporter Jang Hyowon] Finger is soaring on its first day of listing.
As of 9:10 AM on the 29th, Finger is trading at 40,700 KRW, up 27.19% from the opening price. This is 154.4% higher than the public offering price of 16,000 KRW.
Previously, Finger's public offering price was set at 16,000 KRW, exceeding the top end of the expected price range, after recording a demand forecast competition rate of 1,453.12 to 1 among institutional investors on the 14th and 15th.
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Finger is a fintech company that develops platforms for building digital financial services and provides related services. Based on its experience with global banking projects at domestic commercial banks and know-how in establishing global banking in more than 10 countries, it plans to offer customized solutions for overseas markets and promote localization of fintech services.
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