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

FILE PHOTO: A view of the exterior of the Nasdaq market site in the Manhattan borough of New York City, U.S., October 24, 2016. REUTERS/Shannon Stapleton/File Photo

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.

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