Renaissance Capital logo

CDM News

SPECIAL REPORT: What's Wrong with Chinese IPOs?

Another wave of Chinese IPOs is hitting the US equity market, but this time many US investors are staying dry. The reasons for this growing aversion are several, but paramount among them are evidence of actual fraud at a handful of companies, skepticism about...read more

China Century Dragon Media prices IPO at $5.25, as expected

CDM

China Century Dragon Media, a TV advertising company in China that resells ad time on China Central Television, raised $6 million by offering 1.2 million shares at $5.25, as outlined in its most recent SEC amendment. The company had originally filed in May 2010...read more

China Century Dragon Media modifies IPO terms for the third time; now plans to raise $7 million

CDM

China Century Dragon Media, a TV advertising company in China that resells ad time on China Central Television, lowered the proposed deal size for its upcoming IPO on Friday. The Huizhou City, China-based company now plans to raise $7 million by offering 1.4...read more

China Century Dragon Media decreases proposed IPO deal size

CDM

China Century Dragon Media, a TV advertising company in China that resells ad time on China Central Television, lowered the proposed deal size for its upcoming IPO on Thursday. The Huizhou City-based company now plans to raise $7.5 million by offering 1 million...read more