Tencent-backed Douyu has successfully listed on Nasdaq after completing a $775m initial public offering that came after economic tensions forced a delay earlier this year.

Douyu, a China-based video game livestreaming platform operator backed by internet group Tencent, priced its shares at the low end of its range at $11.50 on Tuesday to raise $775m in its initial public offering. The company issued 44.9 million new American Depositary Shares (ADSs), in addition to 22.5 million of existing stock sold by…

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