US Stock Market Move | Hong Kong advertising service provider CTRL Group (MCTR.US) rose more than 8% on its first day of listing.

On Wednesday, the Hong Kong-based CTRL Group (MCTR.US) debuted on the U.S. stock market with its stock price closing up 8.25% on the first day at $4.33. The IPO price was $4. CTRL Group is a comprehensive marketing and advertising service provider that focuses on providing promotion services for local mobile games in the market. The company offers a full range of advertising services, including planning, creativity, publishing, management, and performance monitoring. Its clients mainly come from mainland China, while the advertising market is concentrated in Hong Kong.