Tarena pricing success kicks off Chinese IPO rush

The provider of IT professional education services in China priced its $137.7 million Nasdaq IPO in the middle of its pricing range at $9 per American Depositary Share.

Tarena pricing success kicks off Chinese IPO rush
Tarena International, a provider of IT professional education services in China, has priced its $137.7 million Nasdaq listing at $9 per American Depositary Share, setting a favourable precedent as US stock markets gear up for a wave of Chinese technology offerings.
 
The initial public offering of shares, priced in the middle of its $8-$10 pricing range, attracted considerable interest from investors and the book was covered an unspecified number of times,...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: tarena | us | china | ipo | technology

Print Edition

FinanceAsia Print Edition

EVENTS