China: Lifan lists successfully on the SSE

Chongqing-based automobile and motorcycle manufacturer Lifan Industry (Group) has listed its shares on the Shanghai Stock Exchange. Making their trading debut, shares in Lifan rose by 23% to close at Yuan 17.87, Forbes.com said. In an initial public offering, Lifan raised Yuan 2.9bn by issuing 200 million shares at Yuan 14.5 Subscribe to Automotive World … Continued

• By Webmaster
• November 25, 2010