First Chinese IPO in U.S. in 2013 Raises $79 Million
The Wall Street Journal 5 June 2013 Beijing-based e-commerce firm LightInThebox Holding has raised US$79 million by pricing its U.S. initial public offering in the middle of its indicative price range, two people familiar with the situation said Thursday, in what...
China’s Huishang Bank plans up to $1.5 bln Hong Kong IPO -IFR
Reuters 5 June 2013 (Reuters) – China’s Huishang Bank has invited banks to submit proposals for a Hong Kong initial public offering (IPO) which could raise as much as $1.5 billion, IFR reported on Wednesday. Huishang originally planned to raise about 10...
Russian social marketing startup Flocktory raises $1.5 million from new Russian tech fund
East-West Digital News 11 June 2013 Moscow-based social startup Flocktory announced last week that it has landed a $1.5 million Series A funding round from Digital Ventures, a new Russian venture fund, which has obtained a minority stake in the company. The main...
Haitong to Launch Buyout Funds
The Wall Street Journal 4 June 2013 SHANGHAI—Haitong Securities Co.’s private-equity arm plans to launch its first yuan- and dollar-denominated funds focused on buyouts, aiming to raise more than $526 million to take controlling stakes in consumer goods and...