YY, Inc. (YY) IPO Opens Flat at $10.50

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YY Inc. (YY) Prices 7.8M ADS IPO at $10.50 Each

November 21, 2012 8:04 AM EST

YY Inc. (Nasdaq: YY) announced that it has priced its initial public offering ("IPO") of 7,800,000 American depositary shares ("ADSs"), with each ADS representing twenty Class A common shares of the Company, at US$10.50 per ADS, with a total offering size of approximately US$81.9 million,... More