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CHINSURE INC DEBUTS ON NASDAQ.
BEIJING, Nov 1 Asia Pulse - Chinsure Inc (NASDAQ:CISG) will become China's first insurance broker to debut on the Nasdaq Wednesday, the China Securities Journal reported.
Chinsure plans to issue 11.6 million American depositary shares (ADS), equivalent to 232.9 million common shares, Chinsure's application submitted to the U.S. supervisory authority was quoted as saying.
The offering price is at US$11-$13.
Chinsure is expected to raise US$180 million in maximum and will obtain 101.7 billion yuan (US$13.6 ...
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Source: HighBeam Research, CHINSURE INC DEBUTS ON NASDAQ.