Tag: nyse

The company, which owns the franchise for the Century 21 brand in China, raises $87.4 million after pricing its US IPO at the bottom of the reduced price range. Following CRIC's listing in October, another Chinese real estate services provider seeks overseas capital to fund its growth in the world’s most populous country. The operator of cancer treatment centres avoids the fate of two other Chinese listing candidates which were forced to re-price or pull their US IPOs, but the stock still slumps ... Concord Medical Services aims to raise up to $138 million from an IPO and is expected to start trading on the NYSE late next week. The Chinese specialty chemicals producer prices its offering at the top to raise $72.8 million. Meanwhile, Duoyuan Global Water prices above the range and then gains another ... Chemspec and pre-IPO investors aim to raise a combined $73 million from an offering that closes this week. Suntech raises $250 million, but the share price tumbles close to 15% during the offering, resulting in a 21% discount to the pre-deal close. Meanwhile, Sino-Forest raises $290 ... 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. 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. China Distance Education raises $61.25 million and becomes only the third Chinese company to complete a US IPO this year. 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. GCL Silicon is aiming to raise at least $750 million to fund an aggressive capacity ramp-up over the next few years. A concurrent ADS offering aimed at creating a synthetic borrow facility is priced at an 8.5% discount, resulting in a low effective conversion premium. China Distance Education aims to raise up to $96 million and comes to market as two other US-listed Chinese education companies perform strongly. The London-listed solar power company prices its US share sale at a 9.8% discount, while E-house kicks off marketing for a follow-on placement of about $150 million. Xinyuan's focus on second-tier cities attracts attention as the company becomes the first Chinese property developer to list in the US. VisionChina and WSP Holdings receive a mediocre reception on debut, but both close above their IPO prices. Xinyuan Real Estate, an asset-light developer with a focus on China's tier-2 cities, is seeking to raise up to $263 million. 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. The Chinese provider of banking technology trades up on its NYSE debut after pricing its IPO 25% above the initial target.