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tian ge trading debut on the main board of sehk

release time：2014-07-08 source：tiange

[july 9, 2014, hong kong] tian ge interactive holdings limited (“tian ge” or the “company” and, together with its subsidiaries, the “group”; stock code: 1980), the largest live social video platform in china, commenced trading today on the main board of the stock exchange of hong kong limited (“sehk”).

shares of tian ge were actively traded on the first trading day, a total of approximately 161 million shares were traded, with an aggregate turnover of approximately hk$936 million. its share price closed at hk$5.72, approximately a 8.3% increase from the final offer price of hk$5.28.

ubs securities hong kong limited and china international capital corporation hong kong securities limited (“cicc”) are joint sponsors of the global offering. ubs ag, hong kong branch and cicc are joint global coordinators. ubs ag, hong kong branch, cicc, haitong international securities company limited (“haitong international”), jefferies hong kong limited (“jefferies”), pacific crest securities llc and cmb international capital limited (“cmbi”) are joint bookrunners. ubs ag hong kong branch, cicc, haitong international, jefferies and cmbi are joint lead managers.

mr. fu zhengjun, chairman and chief executive officer of tian ge said, “as the largest live social video platform in china, our ipo and entry into the international capital markets is a new milestone for tian ge. looking ahead, we will continue to build upon our leading market position and competitiveness, and deliver superior returns to our shareholders."