IPO Stock Watch: China’s Leju Holdings Hits New High

By | August 22, 2014

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Real-estate services provider Leju Holdings ‘ (LEJU) stock hit a new high Friday despite fears of a downturn in China’s housing market. Beijing-based Leju provides an online platform and mobile apps for real estate e-commerce, advertising and listing services. Leju stock rose 10.6% Friday, closing at 17.98. In April, a portion of Leju was spun off by E-House China Holdings (EJ) in a U.S. initial public offering. E-House retains about 75% of Leju Scalper1 News

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