• By PYMNTS
• 16 Jul, 2019

Joining a small portion of internet upstarts trading on mainland China’s public markets, SMZDM’s shares skyrocketed almost 44 percent on its first Shenzhen trading day. SMZDM, which stands for “what’s worth buying” in Chinese, is an online shopping guide that many people outside of China are not aware of, according to reports.The company’s initial public offering (IPO) was priced at 28.42 yuan and started the day at 34.1 yuan...
Read more...