Search IPO in Hong Kong

HC Intl. Inc., a provider of "business information through trade catalogs and yellow pages directories, search engine services, and television and print periodicals in China" went public Weds., and shares were nearly 10 times oversubscribed. The IPO roared out of the gate, and closed 34% higher than its opening, on…

HC Intl. Inc., a provider of “business information through trade catalogs and yellow pages directories, search engine services, and television and print periodicals in China” went public Weds., and shares were nearly 10 times oversubscribed. The IPO roared out of the gate, and closed 34% higher than its opening, on a weak market day. IDG Ventures, based here, held nearly 20% of the company pre-IPO.

Author: John Battelle

A founder of NewCo (current CEO), sovrn (Chair), Federated Media, Web 2 Summit, The Industry Standard, Wired. Author, investor, board member (Acxiom, Sovrn, NewCo), bike rider, yoga practitioner.

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