The week’s biggest winner was
500.com Ltd. (NYSE: WBAI), another firm based in China, and this one is a service provider for online sports lotteries in the Middle Kingdom. The company priced about 5.8 million shares at $13, and the shares began trading at $20.68 and closed the day at $20.01.
500.com CEO Man San Law celebrates their IPO by ringing the Opening Bell at the New York Stock Exchange on November 22, 2013 in New York City.
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