Shares in mainland property developer Agile Property Holdings' US$406 million initial public offering in Hong Kong increased 17.4% on its December 15 debut, said The Standard of Hong Kong. During the trading day, the stock reached a high of 27.3% above its offering price of 42.6 US cents, before closing at 50 cents. Agile is the latest in a growing number of Chinese property developers to hold successful IPOs on the Hong Kong market.
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