Companies

Mainland shipbuilder debuts on Taiwan bourse

(Xinhua)
Updated: 2010-09-08 09:25

TAIPEI - The Taiwan Depositary Receipts (TDRs) of Yangzijiang Shipbuilding Holdings Ltd started trading on the Taiwan Stock Exchange on Wednesday morning, making it the first Chinese mainland company listed on the island's bourse.

Yangzijiang started trading at 20.10 New Taiwan dollars ($ 0.63), 6.91 percent above its fixed TDR price of 18.80 New Taiwan Dollars.

A listing ceremony was held for the TDR-listing of Yangzijiang, the mainland's No 4 shipmaker, before the trading started.