Kaixin001 goes to US
By Zhu Shenshen |
April 11, 2011, Monday
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Print Edition
Print Edition
KAIXIN001.COM, widely seen as a Chinese version of Facebook, will launch an initial public offering in the United States, following Chinese IT company Youku.com and Qihoo 360, media reported yesterday.
Citigroup and JP Morgan are underwriters of the deal for Kaixin001, a Beijing-based social network website, the Wall Street Journal reported yesterday citing industry sources.
Several Chinese firms are listed in the US market and received warm response. For example, Internet security firm Qihoo 360 jumped 135 percent on its trading debut on March 30.
Citigroup and JP Morgan are underwriters of the deal for Kaixin001, a Beijing-based social network website, the Wall Street Journal reported yesterday citing industry sources.
Several Chinese firms are listed in the US market and received warm response. For example, Internet security firm Qihoo 360 jumped 135 percent on its trading debut on March 30.
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