Meyer "Sandy" Frucher (right), vice-chairman of Nasdaq OMX Group Inc, congratulates YY Inc CEO Li Xueling on the Chinese social-media company's initial public offering on Wednesday. ZHANG YUWEI / CHINA DAILY 

 

Representatives of YY Inc and Nasdaq OMX Group Inc celebrate the Chinese company's start of trading Wednesday morning on the Nasdaq Global Market in New York. ZHANG YUWEI / CHINA DAILY

 Nasdaq representatives hand out souvenirs commemorating YY Inc's IPO on Wednesday to passersby in front of the stock exchange in Times Square. YU WEI / CHINA DAILY

Visitors to Times Square look up at the screen on Nasdaq's headquarters building as the opening bell is rung by YY Inc officials. YU WEI / CHINA DAILY

Zhao Bin (left), chief technology officer at YY Inc, and a guest hold stuffed versions of the Chinese social-media company's mascot after the start of trading Wednesday on Nasdaq. YU WEI / CHINA DAILY