Trading on China's new Nasdaq-style board for homegrown tech firms hit fever pitch on Monday, with shares up as much as 520% in a wild debut that more than doubled the exchange's combined market capitalization and beat veteran investors' expectations.
Remarks by U.S. officials on China's role in the South China Sea are slanderous, its foreign ministry said on Monday, after the United States voiced concern over reports of Chinese interference with oil and gas activities in the disputed waters.
Trading on China's new Nasdaq-style board for homegrown tech firms hit a fever pitch on Monday, sending shares up as much as 520%, increasing the firms' combined value by $44 billion and surpassing the expectations of veteran investors braced for a wild ride.
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