Fervor Greets China IPO, Spurs Bubble Talk.

This article reports on the enthusiastic response of investors to the initial public offering (IPO) of Sichuan Expressway Co. The company's shares tripled on their first day of trading on the Shanghai Stock Exchange finishing at 10.90 Chinese yuan, from the initial IPO price of 3.60 yuan. The IPO performance is only a reflection of the bullish sentiment in the stock market. It is expected that IPOs in the pipeline, such as China State Construction Engineering Corp., Everbright Securities Co. and China Everbright Group will have similar performance.