initial public offerings (IPOs) trading on American exchanges

Wednesday, December 11, 2013

Autohome (ATHM) began trading on the NYSE on 11 December 2013

Autohome (NYSE:ATHM)  is the leading online destination for Chinese automobile consumers through its two websites, and

Autohome (NYSE:ATHM), a Chinese internet resource for prospective automobile consumers, plans to raise over $110 million in its upcoming IPO. The Beijing, China-based firm will offer 7.8 million shares at an expected price range of $14 to $16 per share. If the IPO can hit the midpoint of that range at $15 per share which we expect, ATHM will command a market value of $1.6 billion.

ATHM filed for its IPO on November 4, 2013. Lead underwriters on the offering were Deutsche Bank and Goldman Sachs ((Asia)), joined by Oppenheimer and Piper Jaffray.

No comments:

Post a Comment