Razer launches Hong Kong's first eSports IPO

High-flying online gaming company opens a new sub-sector for Hong Kong’s stock market, paving the way for more eSports companies to list in the future.

Hong Kong is often criticised for being less receptive when it comes to innovation and new technology, but the city’s equity market is bucking that trend. 

Ahead of the weekend announcement by the International Olympic Committee that electronic sports might yet play a role in future Olympics, gaming hardware maker and lifestyle brand Razer officially kicked off an initial public offering to raise as much as HK$4.2 billion $545 million on Thursday. 

It is the second high-profile technology company poised to join the Hong Kong stock exchange HKEx in two months after ZhongAn Insurance, China’s first internet-only insurer, completed...

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