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Strategies & Market Trends : Greater China Junior Stocks

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To: Julius Wong who started this subject5/4/2003 6:04:22 PM
From: Julius Wong   of 1992
 
Chinese IPOs Are Winners, Thanks to Price Limits
Shanghai, May 5 (Bloomberg) -- Buying domestic shares of China's newly public companies at their original prices has been a sure way to make money this year.

The 18 stocks sold for the first time in China this year rose an average of 69 percent with none gaining less than 23 percent. The U.S., a market 28 times bigger, had 17 new sales in the same period with the Bloomberg IPO Index adding 3 percent.

quote.bloomberg.com
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