YIN News
Archived Headlines
- US IPO Weekly Recap: IPO market strengthens with 3 deals 04/22/16
- Go for broke(r): Chinese gold broker Yintech Investment sets terms for $101 million US IPO 04/19/16
- US IPO Weekly Recap: Roadshows begin on three significant IPOs 04/08/16
- Go for the gold: Chinese metals exchange Yintech files for a $80 million US IPO 04/04/16
Are US IPOs of Chinese companies a safe bet on the first day?
Even as the 2016 IPO market lags the prior year by deal count (34 IPOs; -53%), proceeds ($5.5B raised; -58%) and filings (49 submissions; -54%), US IPO activity of China-based companies has kept pace with 2015. Including Thursday's ...read more
US IPO Weekly Recap: IPO momentum stumbles as three deals suffer from first-day flops
Three dividend-producing companies raised $639 million this past week, tying the prior week as the year's most active by deal count. Yet all three IPOs ended their first days down or flat, bringing the number of first-day flops up to 12 of 16 (75%). An...read more
Yintech Investment prices IPO at $13.50, midpoint of the range
Yintech Investment Holdings, which operates an online brokerage for spot trading precious metals in China, raised $101 million by offering 7.5 million ADSs at $13.50, the midpoint of the range of $12.50 to $14.50. Yintech Investment Holdings plans to list on the...read more
Week ahead: A Las Vegas casino rolls the dice as three IPOs look to price
The IPO market is starting to pick up steam with 13 deals raising $2.3 billion year-to-date. Most importantly, the last four were non-biotechs with a healthy average...read more