Chinese Brokerage Vaults 67% Upon Listing Amid Hopes For Market Recovery

China’s Western Securities, which raised the equivalent of $276 million in an IPO last month, soared by 67% on its debut at the Shenzhen Stock Exchange yesterday amid hopes that the country’s shares a poised for a sustained rally.

http://www.forbes.com/sites/russellflannery/2012/05/03/chinese-brokerage-vaults-67-upon-listing-amid-hopes-for-market-recovery/

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