Game developer IGG (HK: 08002) went public on Hong Kong Stock Exchange on Oct. 18, recording HK$4.02 billion ($518.48 million) of valuation on the debut day (report in Chinese). The company planned to raise up to HK$950 million in the IPO.

Founded in June 2006, IGG is principally engaged in the development, publication, and distribution of online games. IGG’s flagship games are Castle Clash, Texas Hold’em Poker Deluxe, Slot Machines, Clash of Lords, etc. Castle Clash, a mix of RPG and strategy elements, sped up to the top of charts on Google Play Store in the US, Canada, Australia, Singapore, Taiwan, Japan, Russia, and Hong Kong.

IGG currently has regional headquarters in the US, Singapore, China, and Philippines.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.