Tencent-Backed Online Broker Futu Rises in Trading Debut
A construction helmet sits on a desk at Tencent Holdings Ltd.’s headquarters in Shenzhen, China. (Photographer: Qilai Shen/Bloomberg)  

Tencent-Backed Online Broker Futu Rises in Trading Debut

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(Bloomberg) -- Futu Holdings Ltd., the online Chinese broker backed by Tencent Holdings Ltd., jumped as much as 46 percent after raising $90 million in its U.S. initial public offering.
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