Perfect World launches Nasdaq IPO
The Chinese online game developer launches its offshore listing at a discount to its peers as it seeks to overcome a short trading history.
Chinese online game company Perfect World yesterday kicked off the roadshow for an initial public offering that aims to raise between $141.6 million and $165.2 million. The offering will see Perfect World join its Mainland peers Shanda Interactive Entertainment, Netease.com and The9 Limited on the Nasdaq board.
The listing comes at a time when investors are getting more comfortable about the growth in ChinaÆs online game industry and less concerned about the regulatory environment, which has helped the share prices...
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