{"id":11578,"date":"2011-12-16T01:12:18","date_gmt":"2011-12-16T01:12:18","guid":{"rendered":""},"modified":"2011-12-16T01:12:18","modified_gmt":"2011-12-16T01:12:18","slug":"-Angry-Birds--maker-eyes-Hong-Kong-IPO","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=11578","title":{"rendered":"“Angry Birds” maker eyes Hong Kong IPO"},"content":{"rendered":"

The company which created “Angry Birds,” the world’s most popular computer game, is considering a stock market flotation in Hong Kong, joining the many foreign firms who have gone public there.<\/strong><\/p>\n

“In Asia there are growing markets — the people and the money,”<\/strong> Peter Vesterbacka, marketing chief of Finnish company Rovio, told Reuters.<\/p>\n

Finnish weekly Tekniikka&Talous reported on Friday the firm was looking at 2013 for the IPO but Vesterbacka said no decision had been made.<\/p>\n

Other large global firms to have gone public on the Hong Kong exchange include fashion house Prada, luggage maker Samsonite and cosmetics maker L’Occitane.<\/strong><\/p>\n

Companies benefit from access to high liquidity from Chinese pension funds and retail investors and the bourse offers higher valuations in some sectors.<\/p>\n

“Angry Birds,” in which players use a slingshot to attack pigs who steal the birds’ eggs, has stayed top game since it was launched for Apple’s iPhone in 2009.<\/strong><\/p>\n

Source Reuters<\/em>
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