Friday, September 17, 2010

US-listed Chinese stocks 3G

Yesterday, the Chinese 3G chip development of information technology research and development company listed on the official at Nasdaq, becoming the first Chinese 3G market in the United States the concept of enterprise.

It is understood that the development of information technology available in the Nasdaq, about 800 million American Depository Receipts (ADS), equivalent to about 3 per ADS shares of common stock after the stock market symbol "SPRD", the opening price of 14.20 yuan, its first day of listing to raise funds of about 124 million U.S. dollars. Documents, developing information technology in the past four years, almost all the average revenue growth of 300% or more.

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