Duoyuan Global Water (DGW) IPO Surges Higher
The IPO for Duoyuan Global Water Inc. (NYSE: DGW) is open for trading. Shares are trading at $22.25 after pricing 5.5 million ADRs at $16, above the expected range of $13-$15 per share.
The lead underwriter is Piper Jaffray.
Duoyuan Global Water is a leading China-based domestic water treatment equipment supplier.
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more info on DGW
IPOinvestor on Jun 24, 2009 04:26 PMhttp://www.renaissancecapital.com/IPOHome/IPOProfile.aspx?ticker=DGW