Missfresh (MI) IPO Opens 18% Lower

Today's IPO for Missfresh (NASDAQ: MI) opened for trading at $10.65 after pricing 21 million American Depositary Shares (ADSs) $13.

The offering is being led by J.P. Morgan, Citi, CICC, China Renaissance, Haitong International, CMB International Capital, ICBC International, Needham & Co., China Merchants Securities, GF Securities, and ABCI Capital.

Missfresh is a China-based e-commerce platform for grocery delivery.

You May Also Be Interested In

• Reformation Inc. files for IPO on NYSE under ticker REF
• JPMorgan's Dimon likely to continue as CEO for another three years - Reuters
• Doncasters (DPC) indicating open around $40, IPO priced at $33