China Finance IPO: hoping to catch bull run in internet stocks

Roadshows begin for the Nasdaq IPO of Chinese online financial data and research provider.

Roadshows began in Hong Kong yesterday October 6 for a $62 million to $74.4 million IPO of e-commerce operator China Finance Online. The JPMorgan-led deal is being marketed at $10 to $12 per share and will comprise 6.2 million ADRs, of which 80.6% will be primary and 19.4% will be secondary.

There is also a 15% greenshoe and two co-managers Jefferies Broadview and WR Hambrecht. Pre-shoe the company will have a freefloat of 28%....

To continue reading, please login or register for free

Click for more on: china | finance | ipo | hoping | catch | bull | run | internet | stocks

Print Edition

FinanceAsia Print Edition