Searching for "Merrill Lynch"
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An industry source revealed today that Beijing-based B2C e-commerce platform 360Buy held a three-hour analyst meeting in Hong Kong from 2 PM to 5 PM on May 30. Read More
A Hong Kong-based investor with close ties to Chinese group buy site 55Tuan has said that the company was rejected by a number of banks, including Credit Suisse, Goldman Sachs, Merrill Lynch and Deutsche Bank, in the past two months during its search for an IPO underwriter. Read More
An industry source has revealed that Shanda Interactive's (Nasdaq: SNDA) online literature subsidiary, Cloudary will begin meeting with investors next week and be able to confirm an IPO price by July 28, one day ahead of Cloudary's listing on the New York Stock Exchange. Read More
An industry insider claims that Chinese P2P-based online TV operator PPStream (PPS) will IPO in the US in early July. Read More
Chinese online media provider and game operator Shanda Interactive's (Nasdaq: SNDA) wholly owned online literature subsidiary, Cloudary Corporation (formerly known as Shanda Literature), reportedly plans to raise up to USD 500 mln in an initial public offering on a U.S. stock exchange in the second half of 2011. Read More
According to its IPO prospectus, Beijing-based social networking site operator Renren Inc., formerly Oak Pacific Interactive, plans to raise up to USD 582.7 mln from its NYSE IPO and concurrent private offering. Read More
A source inside China Mobile (NYSE: CHL; 0941.HK) said yesterday that the operator is in the process of restructuring its WVAS subsidiary ASPire Holdings. Read More
Chinese content delivery network (CDN) service provider ChinaCache has filed for a USD 100 mln IPO on the Nasdaq stock exchange under the ticker symbol CCIH. Read More
According to overseas media, global telecom operator Vodafone sold its 3.2% stake in China Mobile (NYSE: CHL; 0941.HK) yesterday. Read More
In response to foreign media reports that China Unicom (NYSE: CHU; 0762.HK; 600050.SH) will offer the iPhone on the Chinese domestic market in the fourth quarter, a high-ranking insider at China Unicom said "Negotiations with Apple are ongoing, for the rest, no comment." Read More