China Finance IPO: hoping to catch bull run in internet stocks

Roadshows began in Hong Kong yesterday (October 6) for a $62 million to $74.4 million IPO of e-commerce operator China Finance Online. The JPMorgan-led deal is being marketed at $10 to $12 per share and will comprise 6.2 million ADRs, of which 80.6% will be primary and 19.4% will be secondary.