Shares of AMTD International Inc. fell 44% to $3.87 Thursday on the New York Stock Exchange, retreating a day after they rallied 78%.
In January, AMTD International said that it would buy a majority stake of AMTD Digital. It said Wednesday that it completed the deal.
The Hong Kong-based company, which has operations ranging from investment banking to the metaverse, also trades on the Singapore exchange.