HONG KONG -- Ninebot, owner of the Segway scooter brand, soared in its debut on Shanghai's STAR Market on Thursday, heralding a new path to listing for Chinese companies.
The Chinese depositary receipts of Ninebot, the first-ever issued in China, surged as much as 163% following the company's 1.33 billion yuan ($197.9 million) initial public offering.
