Founder surges on its Shanghai trading debut
By Soo Ai Peng and Samuel Shen | China Daily | Updated: 2011-08-11 07:47
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A Founder Securities' office in Shanghai. Shares of the Changsha-based company surged more than half after its debut on the Shanghai bourse on Wednesday. Provided to China Daily |
SHANGHAI - Shares of Founder Securities Co Ltd, the Chinese partner of Credit Suisse Group AG, surged by more than half on its Shanghai debut on Wednesday, aided by a shift in stock market sentiment after a massive sell-off that investors think was overdone.
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