Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

China Cement IPO skyrockets

by Tony Sagami on May 21, 2008

in Asian Market, Stock Market in China

It was luck, but a Chinese cement picked a great time to go public. The earthquake guarantees them a bunch of business
for years and years.

Shares of Asia Cement Holdings (0743.HK)
jumped 39% on its trading debut yesterday.

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