Sunday, September 19, 2010

SouFun Holdings' IPO goes through the roof

http://www.soufun.com/Shares of SouFun Holdings, an online real estate services provider, soared nearly 73 percent in the debut on the New York Stock Exchange Friday, as confidence in China's property market remains strong. Shares of the company, which controls almost half of China's online real estate advertising market, closed at $73.50, 72.9 percent above its offering price, the

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