Renaissance Capital logo

CPGI News

Fueling the IPO market: Fuling Global sets terms for $30 million best efforts IPO

Fuling Global, a Chinese producer of disposable plastic cutlery and other food service products, announced terms for its IPO on Monday. The Wenling, China-based company plans to raise $30 million by offering 5.0 million shares at a price range of $5 to $7....read more

China Shengda Packaging quiet period ends January 18

China Shengda Packaging Group, a one of the largest paper packaging manufacturers in China, will see its quiet period end on Tuesday, January 18. On December 9, the company raised $33 million by offering 8.1 million shares at $4, below the range of $5.50-$6.50....read more

China's Sky-mobi prices IPO at $8, bottom of its range; one of three Chinese IPOs expected to begin trading on Friday

Sky-mobi Limited, which operates China's largest mobile application store, raised $58 million by offering 7,250,000 ADSs at $8, at the low end of its expected $8 to $10 range. Existing shareholders sold 1,125,000 ADSs or 16% of the total offering. Sky-mobile,...read more

China Shengda Packaging Group prices downsized IPO at $4, below the range

China Shengda Packaging Group, one of the largest paper packaging manufacturers in China, raised $33 million by offering 8.1 million shares at $4, as specified in its post-effective amendment filed on Wednesday. The company, which was formerly quoted on the OTC...read more