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Apple Provider Potential customers 4 China New Listings Higher
HomeVideoPhotosGMAYear in ReviewLiveRoomOddComicsTravelOpinionTrending NowWho Knew?WeatherThe UpbeatWorldWorld VideoMiddle EastEuropeLatin AmericaAfricaAsiaCanadaAustralia/AntarcticaSportsVideoNFLMLBNBANCAAFNCAABSoccerCyclingNHLTennisGolfBoxingMotor SportsMMAOlympicsPoliticsRemake AmericaThe IssuesWomen and PoliticsPress ReleasesVideoHealthVideoWeight LossCancerSexual HealthMedications/DrugsParenting/KidsSeniors/AgingDiseases/ConditionsLocalPopularAn electronics ingredient supplier forApple ledshares in a very team of four recently listed firms that closedhigher at China's inventory exchanges on Friday. The country's IPO market,[url=http://www.woodiesusa.com/any/tiffany-jewelry-cheap.html]tiffany jewelry cheap[/url], which ranked no. 1 on the planet final year, has remained intact this year amid commonly reduced Chinese stock selling prices and spreading worldwide economicand politicalfalloutfrom significant personal debt in Western nations.
On Friday, shares in Suzhou Anjie Engineering rose by 24% on their own debut in the Shenzhen Inventory Trade. The corporation makesconductive and backlight assembly materials. The smallcap business experienced revenue of 280 million yuan last calendar year,up 34% from the yr previously. 2010 web financial gain was fifty five.5 million yuan, up 15% from a year earlier.
End buyers consist of Apple, HP, RIM, Sony and Foxconn, according to its prospectus. Abouthalf from the company's2010 income was generated from sales tied to Apple. Chairman Wang Chunsheng and his spouse Lv Li very own seventy eight million shares or 65.1% of the detailed company, a stake truly worth approximately $349 million immediately after the inventory debut. An financial investment arm of China's Legend Holdings, the largest investor in Chinese computer maker Lenovo Group, owns 7% of your corporation.
Goldenmax Worldwide Technological know-how a maker of copper clad laminat solutions, also includes a prosperous debut in China on Friday. Stocksclosed at 12.44 yuan, up eleven.1% for the Shenzhen Stock Trade.
Chemical maker Zhejiang Zanyu Technologies, a supplier toUnilever and Procter Gamblerose by 17%, when Dongguan Kingsun Optoelectronic, a leading maker of outdoor and indoor LED lighting,obtained two.3%.