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According to an industry source, Beijing-based mobile game developer and operator Chukong Technology has submitted an IPO application to the US Securities and Exchange Commission, with details of the listing to be made public later this month. Read More
According to an industry insider, Shenzhen E-Sun Sky Network Co., Ltd, operator of online lottery sites 500wan.com and 500.com, will soon list on a US stock exchange, with investment banks Deutsche Bank and Stifel Nicolaus acting as the lead underwriters in the potential USD 150 mln deal. Read More
A Hong Kong-based investor with close ties to Chinese group buy site 55Tuan has said that the company was rejected by a number of banks, including Credit Suisse, Goldman Sachs, Merrill Lynch and Deutsche Bank, in the past two months during its search for an IPO underwriter. Read More
Chinese B2C e-commerce company Moonbasa plans to raise USD 150 mln in an IPO on the Nasdaq Stock Market in late 2011, industry sources recently told Bloomberg News. Read More
Chinese online P2P video service provider, download accelerator software developer, and online game operator Xunlei Limited has filed an IPO prospectus with the U.S. Securities and Exchange Commission to list on the Nasdaq Global Market under the ticker symbol "XNET." Read More
Shanghai-based children's virtual world developer and operator Taomee Holdings Limited has filed its IPO prospectus with the U.S. Securities and Exchange Commission (SEC) to list on the New York Stock Exchange under the ticker symbol TAOM. Read More
Shares of wireless and TV new media company Phoenix New Media (PNM) (NYSE: FENG), a subsidiary of Phoenix TV (2008.HK), rose 34.1% on its first day of trading from an initial price of USD 11 per American Depository Share (ADS) to close at USD 14.75. Read More
Chinese online, wireless and TV new media company Phoenix New Media (iFeng.com), a subsidiary of Phoenix TV (2008.HK), has filed its IPO prospectus with the US Securities and Exchange Commission to list on the New York Stock Exchange under the ticker symbol "FENG." Read More
According to its IPO prospectus, Beijing-based social networking site operator Renren Inc., formerly Oak Pacific Interactive, plans to raise up to USD 582.7 mln from its NYSE IPO and concurrent private offering. Read More
According to industry insiders, Chinese online P2P video service provider, download accelerator software developer, and online game operator Xunlei is planning a USD 200 mln IPO on a US exchange this year. Read More