Oct 5 (Reuters) - Shares of China-focussed "daigou" retailer AuMake International Ltd AU8.AX more than doubled in their trading debut on Thursday as investors expect growing demand for Australian products from Chinese overseas shoppers.
AuMake's shares rose as high as A$0.185, well above the offer price of A$0.08 per share.
AuMake, which aims to connect Australian suppliers directly with daigou and Chinese tourists, had offered 50 million shares to raise A$4 million ($3.15 million) with the option to raise up to a further A$2 million.
Daigou is a channel of commerce where an entity outside China purchases products for customers in mainland China in a bid to avoid high import duties.
($1 = 1.2716 Australian dollars)