Qunar jumps 89% on US debut

Listing success of Chinese travel site is further evidence of investors’ increasing confidence in such listings from mainland groups.

Baidu, the Chinese search engine, invested $306 million in Qunar in July 2011.

Jing Song

November 03, 2013

Chinese travel site Qunar on Friday surged 89% on its US stock market debut, further evidence of investors’ increasing confidence in such listings from mainland groups.

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