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Stock impact report

Huize Holding Limited (HUIZ) Trading Debut on NASDAQ Global Market

Huize Holding Limited - American Depositary Shares (HUIZ) 
Company Research Source: PR Newswire
NEW YORK, Feb. 13, 2020 /PRNewswire/ -- A leading independent online insurance product and service platform in China, Huize Holding Limited ("Huize" or the "Company", NASDAQ: HUIZ), successfully listed and commenced trading on Nasdaq Global Market under the symbol "HUIZ" on Feb. 12, 2020, with a price of $10.50 per ADS. The Company offers 5,250,000 American Depositary Shares ("ADSs"), each representing 20 Class A common shares of the Company. The Company has raised approximately $55 million from the IPO.Citigroup Global Markets Inc., China International Capital Corporation Hong Kong Securities Limited, Tiger Brokers (NZ) Limited and Valuable Capital Limited are acting as underwriters for the offering.Mr. Cunjun Ma, Chairman of the Board of Directors and Chief Executive Officer of Huize Holding Limited, said, "We are very grateful for the support and attention from all the investors. Listing in the U.S. not only allows the Company to enter the international trade market but also provid Show less Read more
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