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Fri,Jan 17,2014
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First IPO since listing freeze makes strong debut

(Xinhua)    10:11, January 17, 2014
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BEIJING, Jan. 17 -- Neway Valve (Suzhou) Co. Ltd, a major industrial valve manufacturer in China, went on board on Friday with a strong debut as investors cheered China's first initial public offering (IPO) after a year-long freeze.

Its stock on the Shanghai Stock Exchange opened around 20 percent higher over the offering price.

(Editor:ZhangQian、Yao Chun)

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