The Legend Capital-backed paper and digital book publisher has listed on SZSE’s ChiNext market having raised $9.6m.

Dook Media, the China-based publisher backed by Legend Capital, the venture capital firm formed by conglomerate Legend Holdings, has listed on Shenzhen Stock Exchange (SZSE)’s ChiNext board in a RMB62m ($9.6m) initial public offering.

Dook issued 40 million new shares and they closed at RMB31.66 on their first day of trading, up from the IPO price of RMB1.55 per share, its total market value exceeding $1.9bn.

Founded in 2009 and also known as Dook Book, the company publishes paperback and…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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