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Shanda Games prices IPO at $12.50, the high end of its range

Shanda Games Limited, a spin-off of Shanda Interactive's leading online games business in China, raised just over $1 billion by offering 83,500,000 ADSs at $12.50 per ADS, the high end of the range of $10.50 to $12.50. On Wednesday, the China-based company...read more

Changyou.com lockup expires on September 28

The IPO lock up period for Changyou.com is set to expire on 9/28/09. The company, which a leading online game developer and operator in China, offered 7,500,000 on 4/1/09, representing 14.63% of the total number of shares then outstanding. Credit Suisse acted...read more

Specialty chemical manufacturer Chemspec International prices at $9, top of the range

CPC

Chemspec International, which is the largest manufacturer of fluorinated specialty chemicals in China, raised $72.8 million by offering 8,087,000 ADSs at $9, the high end of its $7 to $9 range. The stock is expected to begin trading on the NYSE under the symbol...read more

NEWS ALERT: Changyou.com quiet period ends May 11

Changyou.com, which a leading online game developer and operator in China, will see its quiet period end on 5/11/09. On 4/1/09, the company raised $120.0 million by offering 7,500,000 shares at $16.00, at high end of the range of $14.00 to $16.00. Credit...read more