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Frenzied debut of China's Nasdaq-style board adds $44 billion in market cap

Frenzied debut of China's Nasdaq-style board adds $44 billion in market cap

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-china-markets-star/frenzied-debut-of-chinas-nasdaq-style-board-adds-44-billion-in-market-cap-idUSKCN1UH03G

Trading on China's new Nasdaq-style board for homegrown tech firms hit fever pitch on Monday, with shares up as much as 520% in a wild debut that more than doubled the exchange's combined market capitalization and beat veteran investors' expectations.