Nikke game maker Tencent-backed Shift Up surges 33% in South Korea debut

Nikke game maker Tencent-backed Shift Up surges 33% in South Korea debut

FILE PHOTO: A man walks outside the Tencent headquarters in Nanshan district of Shenzhen, Guangdong province, China September 2, 2022. REUTERS/David Kirton

Shift Up shares rose 33% above their initial public offering (IPO) price in their stock market debut on Thursday, after this year’s second-largest South Korean IPO raised 435 billion won ($313 million).