(Source: Wall Street Journal)
China Real Estate Information Corp. filed plans with the U.S. Securities and Exchange Commission to sell as much as $200 million of American depositary shares through an initial public offering.
The company is China’s largest provider of real-estate information and consulting services based on revenue. It is a unit of E-House (China) Holdings Ltd., a real-estate services company in China.
Read Kevin Kingsbury’s full article “China Real Estate Files for U.S. IPO” in the Wall Street Journal (October 1, 2009).