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15/05/26 16:36:56Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1234567[8]910 ]
Subject: AIA Shares Soar 17% in Trading Debut===Friday 29/10/2010==Turkey Alpha


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HONG KONG (TheStreet) -- AIA Group shares rose as much as 17% in their debut Friday in Hong Kong.
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Date Posted: 29/10/10 13:23:39

AIA Shares Soar 17% in Trading Debut
By Joseph Woelfel 10/29/10 - 04:33 AM EDT Add Comment
Stock quotes in this article:AIG

HONG KONG (TheStreet) -- AIA Group shares rose as much as 17% in their debut Friday in Hong Kong.
More on AIG
Investors Waiting on Mortgage Bond RevivalInsiders Trading AIG, CMG, AZO and PSUN10 Scariest Things on Wall StreetMarket Activity
American International Group| AIG UPThe initial public offering of AIA, American International Group's(AIG_) Asian life insurance business, saw the company's market share rise to more than $35.5 billion. AIA shares Friday traded as high as HK$23.05; the IPO price was HK$19.68.
The estimated $17.8 billion proceeds from the AIA IPO reportedly mark the biggest stock sale in the Hong Kong Exchange's history.
AIG plans to use the proceeds from the offering to help repay about $120 billion of bailout funds it received from the U.S. government.
-- Written by Joseph Woelfel

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