Chinese pork processing firm makes trading debut on Nasdaq
Contributed by NAMPA / Xinhua.
NEW YORK, Aug. 14 (Xinhua) -- China Xiangtai Food Co., an emerging company primarily engaged in pork processing in China, commenced trading its ordinary shares on the Nasdaq capital market around midday on Wednesday under the ticker symbol "PLIN".
Shares of the company closed at 5 U.S. dollars, bouncing back to its starting price after moving down during the afternoon sessions.
The Chongqing-based company announced the closing of its initial public offering (IPO) of 1,172,360 ordinary shares at ...