China’s first stock listing in 14 months surges on debut

Posted by On January 17, 2014 0 Comment

China’s first stock listing in 14 months surges on debut (via AFP)

The first stock market listing in China for more than a year leaped more than 40 percent on its debut Friday after authorities ended a freeze on initial public offerings. Neway Valve (Suzhou) Co. soared 43.49 percent from its listing price to close…

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