On Wednesday, shares of South Korean fintech company Kakao Pay nearly doubled on its debut as its growth prospects enticed investors. Accordingly, the firm opened at $152.40 per share on the KOSPI against an IPO price of $76.20 per share. Then, it surged a total of 156.00% as it closed to $163.35 per share. Remarkably, …
Kakao Pay Stocks Climbed in Debut on Growth Prospects Read More »
On Monday, stocks of Xpeng Inc. soared after the Chinese electric-vehicle maker reported solid sales for October. Its Hong-kong listed shares boosted 2.70% to $23.99, supporting its Friday gain of 1.28% to $23.40 per share. Accordingly, Xpeng posted 10,138 vehicle deliveries last month, representing a 233.00% year-on-year increase. However, it slightly fell from its September …
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