China Life A-share IPO in Shanghai is listing next Tuesday, for a record of 28.32 billion Chinese yuan (US$3.6 billion). This was 90x over-subscribed, and the second largest IPO in Chinese history.On Dec. 29 the company issued a stock split amid the Chinese regulatory approvals on their IPO. Shares prices jumped about 10%, and management most likely expects another hike.
Comments (0)
Look at my blog below!