Xunlei Limited, a consumer Internet platform enabling users to access and manage digital media in China, announced pricing terms for its IPO late Friday. The Shenzhen, China-based company plans to raise $114 million by selling 7.6 million ADSs at a price range...read more
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
Phoenix New Media Limited, which operates a leading news and premium content web site (ifeng.com) in China, will see its quiet period end on Tuesday, June 21. On May 11, the company raised $140 million by offering 12.8 million ADSs at $11, below the range of...read more
Phoenix New Media Limited, which operates a leading news and premium content web site (ifeng.com) in China, raised a lower-than-expected $140 million by offering 12.8 million ADSs at $11, below its proposed range of $12 to $14. Phoenix New Media's reduced IPO...read more
Chinese Internet company Xunlei Limited sets IPO pricing terms
Xunlei Limited, a consumer Internet platform enabling users to access and manage digital media in China, announced pricing terms for its IPO late Friday. The Shenzhen, China-based company plans to raise $114 million by selling 7.6 million ADSs at a price range...read more
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
Phoenix New Media quiet period ends June 21
Phoenix New Media Limited, which operates a leading news and premium content web site (ifeng.com) in China, will see its quiet period end on Tuesday, June 21. On May 11, the company raised $140 million by offering 12.8 million ADSs at $11, below the range of...read more
Phoenix New Media prices IPO at $11, below the range
Phoenix New Media Limited, which operates a leading news and premium content web site (ifeng.com) in China, raised a lower-than-expected $140 million by offering 12.8 million ADSs at $11, below its proposed range of $12 to $14. Phoenix New Media's reduced IPO...read more