Budweiser APAC shares rise by 5% on trading debut

Hong Kong
On the 09.30.19 at 12:14PM

by

Tuba Raqshan

AB InBev’s Asia Pacific subsidiary Budweiser APAC made its trading debut on 30 September, with its shares rising by almost 5% - bringing cheer to the IPO-starved Hong Kong Stock Exchange.
Pixabay

The shares of Budweiser APAC listing – the second biggest IPO globally this year after Uber’s $8.1bn offering – rose by almost 5%, finishing at HK$28.20, a 4.4% rise from its IPO pricing of HK$27 apiece.

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