Dow Jones Newswires: Shares of power-tool supplier Chervon Holdings gain in Hong Kong debut

Shares of Chervon Holdings Ltd. rose in their Hong Kong debut, after the power-tool supplier raised 2.96 billion Hong Kong dollars (US$379.6 million) in net proceeds from an initial public offering.

Shares of Chervon Holdings Ltd. rose in their Hong Kong debut, after the power-tool supplier raised 2.96 billion Hong Kong dollars (US$379.6 million) in net proceeds from an initial public offering.