24/7 Wall St.
06-26-2009, 06:31 AM
24/7 Wall St. Daily News
A sign that the IPO market in Asia may be overheating is the case of BaWang International, which raised $214 million. The company makes shampoo, and the offering was*oversubscribed by 400 times at the retail investor level. At the open, the firm’s shares will trade for 18 times earnings. The retail demand totalled $9 billion [...]
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A sign that the IPO market in Asia may be overheating is the case of BaWang International, which raised $214 million. The company makes shampoo, and the offering was*oversubscribed by 400 times at the retail investor level. At the open, the firm’s shares will trade for 18 times earnings. The retail demand totalled $9 billion [...]
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http://feedads.g.doubleclick.net/~a/UEVSzxEb2NQL71XaM4yNbw-lBBw/1/di (http://feedads.g.doubleclick.net/~a/UEVSzxEb2NQL71XaM4yNbw-lBBw/1/da)
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complete story here... (http://feedproxy.google.com/~r/typepad/RyNm/~3/6CSyRSgZGtI/)