China Business News: Tontine Wines shares up 18.4% in HK debut

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Tontine Wines shares up 18.4% in HK debut

Nov. 19, 2009 (China Knowledge) - Tontine Wines<0389>, which is based in Ji'an, Jilin Province, debuted on the Hong Kong Stock Exchange today and saw its shares surge 18.4% on its first day of trading. Shares of the company started trading at HK$1.59, a price higher than the IPO price of HK$1.25. They surged 25.6% after the opening and climbed to HK$1.57 in the morning session. After fluctu

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