Hot IPO for Chinese solar power company

Offer price set at the top of the range following strong demand from a variety of long-only funds.

Canadian Solar priced its initial public offering at the top end of the $13 to $15 range for a total deal size of $115.5 million after strong demand from investors.

Helped by the fact that the initial allocations had to be scaled back quite a bit, investors remained keen on the company when it started trading on Nasdaq last night. At one point the stock was quoted as high as $16.73, or 11.5% above the IPO price, but by 3pm...

To continue reading, please login or register for free

Click for more on: ipo | nasdaq | solar power | deutsche bank | lehman brothers

Print Edition

FinanceAsia Print Edition


  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...