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The Times' Rorshach Geithner Story
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Notes From a Press Conference Naif
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What Good is the News?
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Stressful Enough
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Not Regretting the Pound
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Mar 06 2008 12:00am EDT
China IPO Datapoint of the Day
Helen Thomas keeps an eye on the China Railway IPO:
The Hong Kong retail portion of the $5.5bn dual listing was 250 times oversubscribed - representing orders worth about $58bn.
And this in a market which is far from surging: in fact, it's down more than 25% from its highs. What's more, IPO stocks seem to be doing particularly badly, with all 8 January IPOs ending the month below their offering prices.
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