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By NEIL GOUGH
Shares in state-run China Cinda Asset Management, which buys deadbeat loans from Chinese banks, rose as much as 33 percent on their trading debut in Hong Kong on Thursday morning after its $2.5 billion listing.
Published: December 11, 2013 at 5:00AM
Source: NYT Business Day http://dealbook.nytimes.com/2013/12/11/shares-in-chinese-bad-bank-surge-in-hong-kong-debut/
Banking and Financial Institutions, Initial Public Offerings, Stocks and Bonds
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