Jupai Holdings, a Chinese provider of wealth management products, filed on Monday with the SEC to raise up to $100 million in an initial public offering.
The Shanghai, China-based company, which was founded in 2010 and booked $45 million in sales for the 12 months ended March 31, 2015, plans to list on the NYSE under the symbol JP. Jupai Holdings initially filed confidentially on August 15, 2014. Credit Suisse and China Renaissance are the joint bookrunners on the deal. No pricing terms were disclosed.
