December 15, 2016 / 1:36 AM / a year ago

Meitu, HK's first tech listing in a decade, set for solid debut

HONG KONG, Dec 15 (Reuters) - Shares in Meitu Inc were set to open 3.3 percent higher in their Hong Kong trading debut on Thursday, after the Chinese photo app and mobile phone maker raised $630 million in the city’s largest tech IPO in almost a decade.

Meitu was indicated to open at HK$8.78 compared with its IPO price of HK$8.50 per share, which priced at the bottom of its indicative range. The benchmark Hang Seng index was poised to drop 0.9 percent. (Reporting by Elzio Barreto; Editing by Denny Thomas and Edwina Gibbs)

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