The Taiwan Depositary Receipts (TDRs) of Digital China Holdings Limited, China's leading integrated IT service provider, surged on their debut on the Taiwan Stock Exchange Wednesday, with their price jumping by the daily limit of 7 percent.

The Beijing-based Digital China (00861.HK) was listed in Hong Kong in June 2001, when it was spun off from the Legend Group, China's biggest computer manufacturer.

Digital China offered 260 million TDRs, equivalent to 130 million shares, at 30.2 New Taiwan dollars (about 99 U.S. cents) each to raise 7.852 billion New Taiwan Dollars, making it the largest TDR listing in Taiwan this year.

The TDRs' debut was heralded with the beating of a big drum. They started trading at 32 New Taiwan dollars, 5.96 percent above their offering price, and later hit 32.3 New Taiwan dollars, the maximum daily rise.

Digital China Chairman and CEO Guo Wei said he was satisfied with the TDR's performance.

"The company's arrival in Taiwan has given it access to the island's capital market, enhancing the company's financing capabilities. At the same time, the island's investors will be able to share in the achievements of Chinese mainland information technology," Guo said at the listing ceremony before the start of trade.

Guo said the newly raised capital will be used to repay loans, build technology and logistics parks, and pay the company's medium- and long-term operational costs.

Taiwan Stock Exchange chairman Schive Chi welcomed Digital China's listing. He expressed hope promising companies like Digital China will add vitality to the island's capital market.