On Sept 20, 2007 ATV: up 20.10% EFUT: up 49.92% XFML: up 20.70% It seems to me the domestic investors (or speculators to be precise) can not wait the Chinese goverment offically opens the H shares to domestic investors, they already came to the US 🙂
1) Don’t jump into an IPO on its first day. Do some research if you really want to jump. 2) A controlling shareholder is also the CEO: usually not good for small shareholders. 3) One customer (Chinese goverment), one product (custome declaring software), be very worried.