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Stellar debut for China's Nasdaq-style board adds $44 billion in market cap

Stellar debut for 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/stellar-debut-for-chinas-nasdaq-style-board-adds-44-billion-in-market-cap-idUSKCN1UH03G

Trading on China's new Nasdaq-style board for homegrown tech firms hit a fever pitch on Monday, sending shares up as much as 520%, increasing the firms' combined value by $44 billion and surpassing the expectations of veteran investors braced for a wild ride.

Stellar debut for China's Nasdaq-style board adds $44 billion in market cap

Jul 22, 2019, 10:26am UTC
https://www.reuters.com/article/us-china-markets-star/stellar-debut-for-chinas-nasdaq-style-board-adds-44-billion-in-market-cap-idUSKCN1UH03G >Trading on China's new Nasdaq-style board for homegrown tech firms hit a fever pitch on Monday, sending shares up as much as 520%, increasing the firms' combined value by $44 billion and surpassing the expectations of veteran investors braced for a wild ride.