CNinsure (Nasdaq: CISG) upped its offering range twice — $11- $13 to $13-$15. But that was still too low. That is, the company priced its IPO at $16. And so far in today’s trading, the stock is up 61% to $25.80.
Why all the excitement? Well, this is a Chinese company (need I say more?)
More importantly, [...]
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