Pop Culture Group (CPOP) IPO Opens 104% Higher

Today's IPO for Pop Culture Group Co., Ltd (NASDAQ: CPOP) opened for trading at $12.26 after pricing 6,200,000 Class A Ordinary Shares at a public offering price of US$6.00 per share.

Headquartered in Xiamen, China, Pop Culture Group Co., Ltd is a hip-pop culture company. The Company aims to promote hip-hop culture and its values of love, peace, unity, respect, and having fun, and to promote cultural exchange with respect to hip-hop between the United States and China. With the values of hip-hop culture at core and the younger generation as our primary target audience, the Company hosts entertainment events, operates hip-hop related online programs, and provides event planning and execution services and marketing services to corporate clients. The Company has in recent years focused on developing and hosting its own hip-hop events. For more information, visit the company's website at http://ir.popinter.cn/.

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