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標題Title: Ningbo Port Falls Below IPO Price on Debut
作者Authors: Dow Jones & Company, Inc.
上傳單位Department: 國際企業系
上傳時間Date: 2010-9-30
上傳者Author: 許淑媖
審核單位Department: 國際企業系
審核老師Teacher: 許淑媖
檔案類型Categories: 教學檔Teaching Material
關鍵詞Keyword: SHANGHAI—Ningbo Port Co.—the world's second-largest port operator by throughput, which raised 7.4 billion yuan ($1.1 billion) in an initial public offering—fell below its IPO price on its Shanghai stock exchange debut Tuesday because of a high valuation and a weak overall market.
摘要Abstract: Ningbo Port shares fell 3.5% to 3.57 yuan , compared with their IPO price of 3.70 yuan, after opening slightly higher at 3.72 yuan. The benchmark Shanghai Composite Index finished down 0.6% at 2611.35.
The eastern China-based company sold two billion yuan-denominated A shares, ...

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