Chinese IPOs lose their lustre

Chinese initial public offerings, last year’s most sought-after shares, are losing their lustre.

Chinese IPOs lose their lustre
Sat, 03 Apr, 2004 - 01:00

Three Chinese IPOs in the past month fell almost 10% in their trading debuts.

China Resources Peoples Telephone Co, a Hong Kong wireless company controlled by China’s Cabinet, fell 8.2% yesterday.

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