Fuqi International, a Chinese designer of precious metal jewelry, priced its initial public offering of 7 million shares at $9, the high end of its proposed $7 to $9 range, on Monday night. The shares sold were approximately 9.5% higher than originally expected. Merriman Curhan Ford was the lead underwriter on the deal. The stock is expected to begin trading on the NASDAQ under the ticker FUQI on Tuesday.
