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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
Mixed Chinese debuts in the US
Advertising firm AirMedia looks to the sky, while agricultural solutions play Agria stays close to the ground after completing their IPOs. Focus Media prices follow-on.
By
Anette Jönsson
| 8 November 2007
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