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The closing price of Cheng Yilong was HK$12.4, up 26.53% from the issue price.

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The closing price of Cheng Yilong was HK$12.4, up 26.53% from the issue price.
Tencent Technologies Tong Yilong successfully landed on the Hong Kong Stock Exchange today, closing at HK$12.4, up 26.53% from HK$9.8, with a market value of HK$25.5 billion. Tong Cheng's IPO sold 143,839,600 shares worldwide, including 14,384,000 shares in Hong Kong and 129,455,600 shares in the international market. The sale price was HK$9.80 per share with a net financing of HK$1.251 billion. In March this year, Tongcheng Yilong was merged with Yilong Travel Network, which belongs to Tongcheng Tourism Group. Tencent owns 24.92% of the shares, making it the largest shareholder of Tongcheng Yilong. As an important layout of the tourism sector, Tencent provides important support for the sustainable business and development of Tongcheng Yilong. At present, Tongcheng Yilong operates the proprietary Weichat program "Tongcheng Yilong Hotel Ticket Train", which is also the mobile payment interface of Weichat and Mobile QQ, "train ticket ticket" and "hotel" entrance.
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