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GC Asia
Changyou.com re-opens US for China IPOs
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
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Latest news from Emerging Markets
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Further Reading
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SRI / Green Bonds
Germany, Belgium join battle over Taxonomy credibility as it goes to wire
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Emerging Markets
Metalloinvest secures credit line amid ongoing Russia volatility
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People News
Stan Chart to split syndicate management after putting Maclean at risk
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Follow-Ons/Rights Issues
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