Jupai Announces Pricing of Initial Public Offering
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IPO for Chinese Wealth Manager Jupai Holdings (JP) Trades Modestly Higher
July 16, 2015 2:13 PM EDTToday's IPO for Chinese wealth management firm Jupai Holdings (NYSE: JP) is trading at $10.76 after pricing 5,300,000 American Depositary Shares (ADSs), each representing six ordinary shares of the Company, at $10.00 per ADS. The ADSs opened earlier on the NYSE at $10.41.
The IPO... More
Jupai Holdings (JP) Prices 5.3M ADS IPO at $10/ADS, at the Lower-End of Expectations
July 16, 2015 10:12 AM EDTJupai Holdings Limited ("Jupai" or the "Company") (NYSE: JP), a leading third-party wealth management service provider in China, today announced that its initial public offering of 5,300,000 American Depositary Shares ("ADSs"), each representing six ordinary shares of the Company, was priced at $10.00 per... More
