China's Jiayin makes Nasdaq debut after pricing IPO at lower end

China's Jiayin makes Nasdaq debut after pricing IPO at lower end

REUTERS/Shannon Stapleton

Chinese lending marketplace Jiayin Group raised $36.75 million after pricing its Nasdaq initial public offering (IPO) at $10.50 per American Depositary Share (ADS) on Friday.

The IPO pricing was at the low end of a targeted range of $10.50-12.50.

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