A week ago, management of Renren, the Chinese social networking site, and its bankers must have breathed a sigh of relief. Despite many questions over the company’s valuation, Renren had priced its initial public offering at the top of the range, and its shares jumped close to 30 per cent on the first day of trading.
一週前，中國社群網站人人網(Renren)的管理層和它的銀行家們肯定鬆了一氣。儘管投資者對該公司的估值存在很多疑問，人人網還是將自己首次公開發行(IPO)的價格定在了價格區間的高階，且該公司股票在上市首日交易中大漲近30%。
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