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 It’s time to log … Continued

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

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