01.02.2010 - Chinese real estate agent reduces IPO size but trades up
From Financeasia.com: The company, which owns the franchise for the Century 21 brand in China, raises $87.4 million after pricing its US IPO at the bottom of the reduced price range. IFM Investments, which holds the China franchise for the Century 21 brand, was forced to reduce its offering price range by 20% at the low end last week to get its US initial public offering out the door.......................................Full Article: Source
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