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
Zuoan Fashion Limited, a Chinese designer and distributor of casual menswear through 1,075 retail outlets, will see its quiet period end on Saturday, March 26. On February 14, the company raised $42 million by offering 6 million shares at $7, below the range of...read more
Zuoan Fashion Limited, a Chinese designer and distributor of casual menswear through 1,075 retail outlets, raised $42 million by offering 6 million ADSs at $7, well below its originally proposed $10.50 to $12.50 range. Cowen & Company acted as lead managers on...read more
Zuoan Fashion Limited, a Chinese designer and distributor of casual menswear through 1,075 retail outlets, lowered the proposed deal size for its upcoming IPO on Thursday. The Shanghai, China-based company now plans to raise $42 million by offering 6 million...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
Zuoan Fashion quiet period ends March 26
Zuoan Fashion Limited, a Chinese designer and distributor of casual menswear through 1,075 retail outlets, will see its quiet period end on Saturday, March 26. On February 14, the company raised $42 million by offering 6 million shares at $7, below the range of...read more
Chinese apparel designer Zuoan Fashion prices IPO at $7, below the range
Zuoan Fashion Limited, a Chinese designer and distributor of casual menswear through 1,075 retail outlets, raised $42 million by offering 6 million ADSs at $7, well below its originally proposed $10.50 to $12.50 range. Cowen & Company acted as lead managers on...read more
Chinese designer Zuoan Fashion decreases proposed IPO deal size
Zuoan Fashion Limited, a Chinese designer and distributor of casual menswear through 1,075 retail outlets, lowered the proposed deal size for its upcoming IPO on Thursday. The Shanghai, China-based company now plans to raise $42 million by offering 6 million...read more