Jianpu Technology, a leading Chinese online marketplace for consumer loans and credit cards, raised $180 million by offering 22.5 million ADSs at $8, below its marketed range of $8.50 to $10.50. The company also raised $40 million in a concurrent private placement with two of its existing investors, which had been expected. Jianpu Technology will trade on the NYSE on Thursday under the symbol JT. Goldman Sachs (Asia), Morgan Stanley, J.P. Morgan and China Renaissance acted as lead managers on the deal.
