Peak Sport Products Co Ltd<1968>, which has the largest market share in China's basketball footwear market, opened at HK$3.7 per share yesterday on its first trading day on the Hong Kong Stock Exchange, 9.8% lower than its issuing price of HK$4.1 per share, and plunged 17.07% to HK$3.4 per share, sources...
Sportswear retailer Peak Sport Products Co Ltd, which has the largest market share in China's basketball footwear market, raised HK$1.9 billion in its initial public offering on the Hong Kong Stock Exchange, 14% more than originally projected, sources reported today.The sportswear retailer set its IPO...
Shares of Peak Sport Products closed down 17 percent at HK$3.40 (44 cents) in its debut Tuesday, as Sequoia Capital, which has backed Peak since 2007, made a big win in its investment. Peak raised HK$1.72 billion ($221 million) in its Hong Kong initial public offering (IPO) last week, with its IP...