Chinese video platform iQIYI-backed Strawbear makes stellar HK debut

Chinese video platform iQIYI-backed Strawbear makes stellar HK debut

East China’s Nanjing-headquartered drama series producer and distributor Strawbear Entertainment Group on Friday made a stellar trading debut on the Hong Kong stock exchange with its shares opening 19.05% higher at HK$7 ($0.9). The stock soared 83.67% to close at HK$10.8. 

Strawbear is backed by the Chinese online video platform iQIYI.

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