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IPO Roundup: AMTD International starts strong, WiMi Hologram Cloud once again primed to go public

A pair of Chinese companies are expected to list in New York this week

Gold IPO key on a keyboard
AMTD is the biggest independent investing firm in Asia

AMTD International Inc (NYSE:HKIB), an asset manager based in Hong Kong, has raised $174 million offering 20.8 million shares at $8.38 per share, just above the midpoint of its projected range. AMTD is the biggest independent investing firm in Asia in terms of both the number and total size of its Hong Kong and US IPOs completed.

Shares got off to a fast start, jumping to $10.29 Monday morning.

After weeks of will-they-won’t-they, Chinese augmented reality (AR) company WiMi Hologram Cloud Inc (NASDAQ:WIMI) finally appears set to debut this week. The Beijing company hopes to bring in $34 million from 4 million shares at a price of between $7.50 and $9.50 per share. WiMi offers holographic advertising services and other AR entertainment products.

—A previous version of this story incorrectly stated AMTD's ticker symbol—

Contact Andrew Kessel at [email protected] 

Follow him on Twitter @andrew_kessel

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