Chinese IT services provider launches New York IPO

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    iSoftStone Holdings (iSoftStone) has made a US$162 million initial public offering of American Depositary Shares (ADSs) and listed on the New York Stock…

    iSoftStone Holdings (iSoftStone) has made a US$162 million initial public offering of American Depositary Shares (ADSs) and listed on the New York Stock Exchange. The issuer is a China-based IT services provider that focuses on industry verticals such as technology, communications, banking, and financial services.

    The joint bookrunners were UBS, JP Morgan, and Morgan Stanley.

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