Tencent Music Jumps 8% on NYSE Trading Debut

The video discusses the debut of a company's IPO on the New York Stock Exchange, highlighting its initial pricing and trading performance. The IPO opened at $14.10, closing at $14.00, marking a 7.7% price jump. Despite falling short of the expected $1.2 billion, it raised $1.1 billion, valuing the company at $22.9 billion. The IPO ranks fourth among Chinese companies listed in the US over the past year. However, Chinese tech IPOs in the US have underperformed, down 12% compared to a 6.5% rise in overall US IPOs.

What was the opening price of the company's stock on the New York Stock Exchange?

• $14.75

• $14.10

• $15.00

• $13.00

How much did the company raise through its IPO compared to the expected amount?

• $1.3 billion vs $1.4 billion

• $1.0 billion vs $1.1 billion

• $1.1 billion vs $1.2 billion

• $1.2 billion vs $1.3 billion

Where does this IPO rank among Chinese companies listed in the US over the past year?

• 3rd

• 2nd

• 1st

• 4th

What has been the performance of Chinese tech IPOs in the US over the past year?

• Decreased by 6.5%

• Increased by 12%

• Decreased by 12%

• Increased by 6.5%

How does the overall US IPO market performance compare to Chinese tech IPOs?

• US IPOs are up by 6.5%

• US IPOs are down by 12%

• US IPOs are down by 6.5%

• US IPOs are up by 12%