sinopharm ipo

Shares in Asia were mixed today, with Hong Kong's Hang Seng dropping 2.5 percent to close at 21,051. The biggest surprise was a 12 percent drop in highly touted Metallurgical Corp. of China, which went into free-fall on its first day of trading in Hong Kong. Metallurgical, the building company...

Stocks in Asia were mixed Wednesday, with several markets still closed for the holidays, including those in Japan and Indonesia. Hong Kong's Hang Seng Index closed down 0.5 percent to close at 21,596 despite some fantastic performers. Trading was extremely active in Geely Automobile Holdings...

Shares in China fell Tuesday, with the Shanghai Composite Index hitting a two-week low of 2,898 – a 2.3 percent drop. Chinese stocks may be suffering from the overwhelming number of recent and upcoming Asian IPOs. Analysts say the new listings may be luring assets away from some stocks, as...

Asian markets were mixed on Monday with many markets closed for the holidays. China's Shanghai Composite Index was up .2 percent to close at 2,967. The debut of Metallurgical Corp of China on the Shanghai Stock Exchange generated lots of excitement. It is the world's second largest IPO this year,...