iDreamSky prices US IPO at top

Strong institutional demand allowed the Chinese mobile game platform operator to raise $158.8 million and increase the share price from the initial range.
iDreamSky has a portfolio of more than 80 mobile games
iDreamSky has a portfolio of more than 80 mobile games

iDreamSky Technology has secured $158.8 million from its Nasdaq initial public offering after selling 7.7 million American depository receipts at $15 each, comfortably surpassing the original amount it sought to raise.

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