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Equities
China Mass Media completes scaled-down IPO
The CCTV advertising agent raises $49 million from its US IPO, but its share price drops 14.7% in the first two days as investors remain sceptical towards newcomers.
By
Anette Jönsson
| 6 August 2008
Equities
China Mass Media cuts IPO size by 45%
The Chinese advertising company reduces its expectations at the last minute and postpones pricing until this week. The new offering size is $49 million to $56.2 million.
By
Daniel Inman
| 4 August 2008
Equities
China Mass Media launches $75 million US IPO
The second Chinese advertising firm in a month to seek a listing, China Mass Media stresses its broader viewership but is still offered at a discount to Hong Kong-listed SinoMedia.
By
Daniel Inman
| 28 July 2008
Equities
Chinese companies price US IPOs below range
VisionChina and WSP Holdings receive a mediocre reception on debut, but both close above their IPO prices.
By
Anette Jönsson
| 7 December 2007
Equities
VisionChina uses ad boom to lure investors
The out-of-home advertising network operator launches its roadshow with the aim of raising $155 million from a Nasdaq listing.
By
Yi Tin Chak
| 23 November 2007
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