Yang Wei
Big hit
On April 18,2007,Yangzijiang Shipbuilding (Holdings)Ltd.,one of the leading shipbuilders in China,launched thelargest IPO in the last 7 years on the Singapore ExchangeLimited (SGX),Asia's first demutualised and integratedsecurities and derivatives exchange.On the first day of thelisting,the share price increased from S$0.95 to S$1.34per share;a 41% increase on the first day.