China's VanceInfo Technologies (VIT) IPO Raises $65 million
Tweet
Share
E-mailGet Alerts VIT Hot Sheet
Join SI Premium – FREE
China's VanceInfo Technologies (NYSE: VIT), a China provider of information technology services and software development, raised $65 million yesterday in an initial public offering that priced in the middle of expectations.
Today, China VanceInfo Technologies rang the opening bell on the NYSE. There has been a plethora of Chinese companies going public lately, taking advantage of the US market's love affair with Chinese-related companies.
VanceInfo said the 7.65 million offering of American Depositary Shares priced at $8.50 per ADS. That compared with a forecast of $7.50 to $9.50.
Today, China VanceInfo Technologies rang the opening bell on the NYSE. There has been a plethora of Chinese companies going public lately, taking advantage of the US market's love affair with Chinese-related companies.
VanceInfo said the 7.65 million offering of American Depositary Shares priced at $8.50 per ADS. That compared with a forecast of $7.50 to $9.50.
You May Also Be Interested In
- Electra Therapeutics files for proposed IPO
- Southern Cross Acquisition II prices $75M IPO on Nasdaq
- CALM Chain International Limited files for 5M share IPO at $5-$7/sh
Create E-mail Alert Related Categories
IPOs, Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
