The Tencent, Duomi and Kunlun-backed live game streaming platform floated at the bottom of its range but saw its stock rise after it floated.

Inke, the China-based live game streaming platform backed by online game publisher Beijing Kunlun Tech and internet group Tencent, has raised HK$1.05bn ($134m) in its initial public offering, Technode has reported.

The company priced its shares at HK$3.85 each, at the bottom of the range it had set last month, while increasing the number of shares in the offering from 257 million to 300 million.

Founded in 2015, Inke runs a mobile-focused livestreaming platform that concentrates on gaming, allowing viewers…