Changyou.com re-opens US for China IPOs

01 Apr 2009

Chinese online gaming company Changyou.com priced its Nasdaq IPO at the top of the expected range on Thursday, breathing new life into the stricken equity capital markets with the first Nasdaq listing of the year.

Changyou sold 7.5m American Depositary Shares at $16, at the top of the $14-$16 a share range, as investors jumped at the chance to buy into a defensive sector at a big discount to comparable stocks, and bankers hailed the deal as a re-opening of the international equity ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.