Sinotrans enjoys strong trading debut
Mainland logistics giant Sinotrans made a strong trading debut
in a weak market yesterday as investors showed a positive outlook
based on China's booming logistics market.
Bucking the downward trend, shares of Sinotrans closed at HK$2.25,
well above the initial public offering (IPO) price of HK$2.19,
on trade of 380.38 million shares.
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