Youku (YOKU), China's leading online video portal, saw its IPO return a whopping 161% today, the largest first-day pop since Baidu traded up 354% the day after its 2005 IPO. Youku now commands a $3.7 billion market cap and is valued at an incredible 78x LTM...read more
Global Education & Technology Group Limited, a leading China-based provider of education services including foreign language training and test preperation, raised $67 million by offering 6,375,000 ADSs at $10.50 per ADS, at high end of its $8.50 to $10.50 range....read more
Global IPO issuance continued at stable levels in the third quarter, with China-based companies debuting in Hong Kong, Shanghai and the US at a greater rate than US-based issuers. In terms of performance, fast-growing consumer and technology-related IPOs from...read more
ChinaCache International, China's leding provider of Internet content and application delivery services, raised a greater than expected $84 million by offering 6,060,980 ADSs at $13.90, 26% above the midpoint of its expected $10 to $12 range. The Beijing-based...read more
Youku's 161 percent first-day pop is the biggest since Baidu's 2005 IPO
Youku (YOKU), China's leading online video portal, saw its IPO return a whopping 161% today, the largest first-day pop since Baidu traded up 354% the day after its 2005 IPO. Youku now commands a $3.7 billion market cap and is valued at an incredible 78x LTM...read more
Global Education prices IPO at $10.50, high end of the range; Chinese IPOs continue to take center stage
Global Education & Technology Group Limited, a leading China-based provider of education services including foreign language training and test preperation, raised $67 million by offering 6,375,000 ADSs at $10.50 per ADS, at high end of its $8.50 to $10.50 range....read more
The Global IPO Market Continues to Gain Momentum: 3Q10 Global Review
Global IPO issuance continued at stable levels in the third quarter, with China-based companies debuting in Hong Kong, Shanghai and the US at a greater rate than US-based issuers. In terms of performance, fast-growing consumer and technology-related IPOs from...read more
ChinaCache prices IPO at $13.90, well above the range
ChinaCache International, China's leding provider of Internet content and application delivery services, raised a greater than expected $84 million by offering 6,060,980 ADSs at $13.90, 26% above the midpoint of its expected $10 to $12 range. The Beijing-based...read more