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Wall Street jumped onto shares of E-House Holdings (NYSE: EJ) in the Shanghai company's trading debut, a reflection of China's hot real estate sector.

E-House priced 14.6 million American depositary shares at $13.80 a share, above expectations of a $11.50-$13.50 range, for its New York Stock Exchange IPO. Shares shot nearly 41% higher, rising $5.63 to close at $19.43. E-House raised nearly $202 million.

E-House China Holdings (EJ) rises 40.8% in IPO originally appeared on BloggingStocks on Wed, 08 Aug 2007 17:21:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>China housingChina real estateChinaHousingChinaRealEstateE-House China HLDGSE-House China HoldingsE-houseChinaHldgsE-houseChinaHoldingsEJWed, 08 Aug 2007 17:21:00 EST