AMTD Stock Soars 90% After Successful Business Combination

At around 2 pm New York time AMTD has started climbing slowly but 30 minutes later it began surging drastically. Right now it is trading at $7.30 after announcing a prompt combination of AMTD International and AMTD Digital by creating AMTD IDEA Group which will be based in Honk Kong.

The newly formed company will be dealing with a premier¬† Asia financial institution and digital solutions group connecting companies and investors from Asia, including China and Hong Kong as well as the ASEAN markets with global capital markets. Let’s wish all the best to the AMTD Idea Group for its smooth operations in southeast Asia.