The trend of surging prices this year has been controlled, said Yao Jingyuan, the former chief economist with the National Bureau of Statistics, during the annual session of the China Real Estate Chamber of Commerce held on Thursday in Shenzhen.

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When the company held a second listing in Shenzhen last year, it was oversubscribed 88 times.

CNN: ASIANOW - TIME Asia | China: Blazing Refrigerators

The Universiade games were held in the mainland city of Shenzhen last year.

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Toyou Feiji Electronics, a software company whose customers include Chinese web giant Sina, today held on to a 29% rise in its shares yesterday after its stock debuted at the Shenzhen Stock Exchange.

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Sonos is a privately-held company, headquartered in Santa Barbara, CA with offices in Cambridge, MA, Hilversum, Netherlands, Beijing and Shenzhen, China, and Penang, Malaysia.

ENGADGET: Amazon Cloud Player now lets you play content on your Sonos system, helps get the party started