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Click here to subscribe to Spin Off HiChina in US IPO, 9/26/11

Chinese B2B e-commerce company (1688.HK) has submitted a proposal to the Hong Kong Stock Exchange announcing its intention to spin off its non-wholly owned internet infrastructure provider subsidiary HiChina in an initial public offering in the United States. Details of the offering, including its size, structure and price, have not yet been finalized.

Editor's Note: For more information on this topic, please see "Rumor: Considers HiChina IPO," MD 6/16/11 issue.

Keywords: Internet IPO HiChina

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