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Qutoutiao (QTT) IPO Opened Up 30%

Today's IPO for Qutoutiao Inc. (NASDAQ: QTT) opend for trading at $9.10 after pricing its initial public offering of 12,000,000 American depositary shares (“ADSs”), at US$7.00 per ADS.The Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an aggregate of 1,800,000...

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