China Film’s stock price nearly doubles in first week of trading following its IPO that set a record in the entertainment industry
China Film Co., a subsidiary of state-owned China Film Group and the country's largest distributor, saw its share price rise by the 10 percent daily limit every day since the company's stock began trading in Shanghai on Monday, giving the company a market capitalization of $4.8 billion.
China in 2 minutes a day
More from SupChina
Friday, May 26
May 26, 2017