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Shares of South Korea’s Kakao Bank surge more than 70% on first day of trading

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Shares of South Korea’s Kakao Bank surge more than 70% on first day of trading

Shares of Kakao Bank shot up more than 70% during its market debut in South Korea on Friday.
Kakao Bank is South Korea’s first digital bank to go public, and is the country’s largest IPO since 2017 when Netmarble went public.
Kakao Bank’s stock surged as…

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