Market Cap of Home Inns HMIN »
By stlplace on Jan 27, 2007 in Stocks, China | 0 Comments
I made a mistake on the market cap of Home Inns (Rujia, just like home), in my previous post (corrected now). The correct number is stock price * number of shares, or
$44.93 * (32,283,906 / 2 + 5,874,237 ) = $839,479,146
The number of shares 32,283,906 is from its Q3 2006 report. 5,874,237 is the IPO […]



