Xinhua Financial Media listed on Nasdaq this evening, raising to 4 million dollars
(News Source: Chinaventure)
Xinhua Financial Media(Nasdaq: XFML) will be listed on Nasdaq this evening, securing 3715 million dollars at most.
The IPO will issue 23.07 million shares, 12 to 14 dollars per share with J.P Morgan, UBS and CIBC as the underwriters.
Xinhua Financial Media is affiliated with Xinhua Financial , Inc., involving the related media resources of Xinhua Financial in China. Xinhua Financial is a listed company of startup board in Tokyo stock exchange with the number 9399.
Xinhua Financial Media is founded on Nov 7th of 2005. The company business covers 5 fields: TV Ads, paper ads, content services, comprehensive commercials and market research, serving
Chinese rapid growth high-level businessmen through the channels of TV,broadcasting, paper and magazine.
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