(Reuters) - Country Garden Holdings Co. , which raised US$1.66 billion in the biggest-ever IPO by a Chinese developer, gained as much as 36.6 percent in its first trading day.
"We're a bit oversold yesterday, so we're having a bit of a buying frenzy," said Jackson Wong, investment manager at Tanrich Securities.
Read more at Reuters.com Hot Stocks News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment