Today (09/04/09) LIWA – Lihua International IPO opened for trading. It’s shares priced at $4.00 and opened at $4.60. It offered 2.3 million shares. Lead underwriter was Rodman & Renshaw. Lihua International is a leading Chinese copper clad aluminum superfine magnet wire producer.
Boy, that was mouthful. Try saying “Chinese copper clad aluminum superfine magnet wire producer” ten times fast. I bet your tongue will slap your nose two or three times.