PICC jumps in debut trading, lifted by strong retail demand

PICC Group (1139.HK) rose sharply on its debut on Friday as retail investors flooded in to buy the shares speculating that Hong Kong's biggest initial public offering (IPO) in two years should be a resounding success -- particularly with 17 underwriters and an impressive list of big name cornerstone investors.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1099816/picc-jumps-debut-trading-lifted-strong-retail