China
Next Chinese IPO: E-House Holdings
China residential real estate service company, E-House Holdings, is scheduled to debut on NYSE today under symbol EJ. From the company website, E-House’s business includes “real estate agency services, secondary real estate brokerage services and real estate consulting and information services.” Based in Shanghai, China’s financial capital, E-House employs more than 1800 real estate brokers [...]
Popularity: 19% [?]
Investing in China with Cautions
Because of my connection with China, I always keep an eye on what’s happening 6000 miles away from my house. These days, the biggest story in China seems to be that its once relentless climbing stock markets finally hit the break. Since closed at record high on May 29th, the Shanghai Stock Exchange Composite Index [...]
Popularity: 25% [?]
China Life Surge with No Apparent Reason
China Life Insurance (LFC) surges on Friday with no apparent reason. Currently, shares of China Life’s American Depositary Receipt (ADR) rise $3.66/share, or a gain of 7.75%. The only news I could find that is possibly related to the movement of the stock is a report from Lehman Brothers:
The 12-month target price of China Life [...]
Popularity: 13% [?]
Performance of Recent Chinese IPO Stocks
[This article also appears on SeekingAlpha, Recent Chinese IPOs On Wall Street - EDU Leads The Pack]
In the past year, thirteen Chinese companies located in the mainland China offer their shares to the public and traded their stocks in the US. The following is a table showing their performance as of today.
Company
Symbol
IPO date
IPO price
Current price
New [...]
Popularity: 28% [?]
China Life Insurance Suspended, again
Trading of China Life Insurance (LFC) was suspended in Shanghai, Hong Kong and NYSE Monday, pending announcement that is sensitive to share price.
The rumor surfaced over the weekend is that LFC’s parent company, China Life Insurance (Group) Co., is an overall listing that covers its whole operation. However, there seems to be some [...]
Popularity: 15% [?]
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