Tag Archives: 4SKoreas

UPDATE 4-S.Korea’s Krafton, maker of hit game ‘PUBG’, tumbles on debut

* Shares fall as much as 20% below IPO price * Worries about China crackdown on gaming sector * Worst debut for S.Korean listing since 2004 (Updates with milestone, closing price, market capitalisation, KOSPI ranking, adds analyst comment) By Joyce Lee and Scott Murdoch SEOUL/HONG KONG, Aug 10 (Reuters) – Shares in Krafton Inc , the Tencent Holdings-backed South Korean company behind blockbuster video game “PlayerUnknown’s Battlegrounds” (PUBG), fell as much as 20% on their trading debut on… Source link

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