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Company Year-end Financial Results: Sinovel Flies IPO, But Shares Slow on Debut

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China’s number one wind producer Sinovel kicked off the year with its IPO in Shanghai marking the exchange’s first major listing of 2011. By setting its offer price at launch at the top end of the RMB80-90/share (US$12.35—13.69/share) range the company amassed RMB9.5 billion ($1.4 billion) in its 13 January listing.

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Company Year-end Financial Results: Sinovel Flies IPO, But Shares Slow on Debut

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