Renaissance Capital logo

FHS News

QuantaSing set to bring Chinese education back to the US IPO market

First High-School Education Group logo

This week, QuantaSing Group (QSG) is slated to complete the year's first US IPO from a Chinese company, in a deal led by Citigroup that would value it at $763 million. It should be the first US listing from a sizable Chinese education company...read more

US IPO Weekly Recap: Coupang completes year's largest IPO and Roblox direct-lists in a 7 IPO week

CPNG

A total of 32 companies entered the public market this past week, with the week’s 7 IPOs joined by one direct listing and 24 SPACs. In the largest US IPO of the year to date, Coupang (CPNG) upsized and priced above the upwardly...read more

Chinese education provider First High-School Education Group prices US IPO at $10 midpoint

First High-School Education Group logo

First High-School Education Group, which operates private high schools and provides tutoring services in China, raised $75 million by offering 7.5 million ADSs (33% secondary) at $10, within the range of $9.50 to $10.50. The company planned to raise an...read more

US IPO Week Ahead: Korean e-commerce and online gaming lead a 7 IPO, 1 direct-listing week

CPNG

Updated Monday, 3/8. Seven IPOs and one direct listing are currently scheduled for the week ahead. Korean e-commerce giant Coupang (CPNG) plans to raise $3.4 billion at a $51.0 billion market cap. A leading player in its...read more