UPDATE 3-South Locomotive jumps 58 pct in Shanghai debut

Newswire

(For an expanded IPO diary, please click ) (Updates share price to close, adds analyst quotes) By Lu Jianxin SHANGHAI, Aug 18 (Reuters) - China South Locomotive jumped 58 percent in its Shanghai stock market debut on Monday, buoyed by a low IPO price and its dominance in China's train manufacturing sector, after it raised $1.5 billion in Asia's third-largest share offering this year. But analysts said China South Locomotive & Rolling Stock Corp's strong performance would not do ...

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