Singapore-listed commodities firm Noble Group rose as much as 13% on Thursday, in its first day of trade after a week-long suspension, giving its Chinese state investor a paper gain of around US$177 million ($250 million).
Noble, which is based in Hong Kong, announced on Tuesday that China Investment Corp (CIC) would buy a 14.5% stake for US$850 million at a discounted price of $2.1137 a share. (ID: nSP502382).
