It’s interestitg that 3 of 5 best IPO’s were realized by Chinise companies. The numbers would be different if we annualize the return since the date of IPO’s.
5. (Best) China Life Insurance (LFC)
Total return from offer price: +486.85%
Offer Price: $18.68
Offer date: 12/11/2003
First day return: -52.38%
IPO deal size: $2.87 billion
Industry: Life/Health Insurance Read more »