Big hit On April 18,2007,Yangzijiang Shipbuilding (Holdings) Ltd.,one of the leading shipbuilders in China,launched the largest IPO in the last 7 years on the Singapore Exchange I.imited (SGX),Asiu's first demutualised and integrated securities and derivatives exchange.On the first day of the listing,the share price increased from S$0.95 to S$1.34 per share;a 41% increase on the first day. Through the successful Singapore listing,ICH Capi- tal,the company's long-term financial advisor,became a familiar name to Chinese people,especially the people in the coastal province of Jiangsu where Yangzijiang Shipbuilding is located.
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