Wednesday, October 24, 2007

fuqme? no fuqu! no fuqi!

In the great tradition of assystem, wang on group, wienerberger AG; Fuqi Int’l Inc brings us another company with a semi-obscene, yet funny when you said it aloud name.
The 21 Chinese IPOs listing for the first time in the states year to date have 1 day returns of 18% and one week returns of almost 23%.
How do I know? Use your terminals people!
Also be on the lookout for Longtop Financial which opened today at 27.01, 34% higher than what it priced at last night.
Nothing in the world makes us here at Markets Emerge! as happy as Chinese IPOs do. Maybe except some really good tapas.

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