China's Biggest Financial Website Exploring IPO
Filed in archive IPOs on June 21, 2007
Eastmoney.com, China's biggest financial website, hopes to list on the NASDAQ sometime within the next six to nine months, according to Reuters.
Eastmoney CEO Qi Shi told news services that the company expects to raise about $500 million US from the IPO. Qi described his company's website to as "a financial MySpace." Right now the site gets about 150 million page views per day, according to Reuters, and is expected to generate between $11 and $13 million in revenue this year.
Tags: eastmoney IPO China china 2007 biggest+financial venture+capital china+biggest
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Response from:
Leo Yuan
(10/01/07 3:20pm)
What institution handle this IPO in US?
Response from:
Leo Yuan
(10/01/07 3:21pm)
What institution handle this eastmoney IPO in US?
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