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Shares in Spring Airlines, the China budget carrier, soared 44% upon listing at the Shanghai Stock Exchange yesterday on hopes for continued growth in the country’s travel boom. Wang Zhenghua, 70, chairman and co-founder, holds 26% of the company after its IPO with his son Wang Yu. At yesterday’s closing price [...]
from Forbes Real Time http://onforb.es/15B3ArY
Shares in Spring Airlines, the China budget carrier, soared 44% upon listing at the Shanghai Stock Exchange yesterday on hopes for continued growth in the country’s travel boom. Wang Zhenghua, 70, chairman and co-founder, holds 26% of the company after its IPO with his son Wang Yu. At yesterday’s closing price [...]
from Forbes Real Time http://onforb.es/15B3ArY
