Grand Games Nasdaq IPO opening 13 dollars

US Eastern Time September 25 11:06 (Beijing time September 25 23:06) News, Shanda Network's game Business Shanda Game (Nasdaq:game) today listed in the United States Nasdaq listing, the first day of the opening 13 U.S. dollars, compared to the issue price of 12.5 U.S. dollars rose 0.5 U.S. dollars.　　Shanda Games by the Grand network of the game business spin-off, according to the Grand game prior to the prospectus, the parent company Grand Interactive holding grand Games 71% Equity and 96% Voting rights, the company currently operates 31 games, the total number of paid players up to 9.73 million people. Goldman Sachs and JP Morgan, the underwriters of the Shanda Games IPO, sold 83.5 million grand games of American Depository Receipts (ADR) at $12.5 a share, according to sales documents.　　This means that Shanda's financing amounted to $1.04 billion trillion, the largest IPO in the United States this year, and the highest level of financing for Nasdaq-listed companies in China.　　Beijing Time September 4, the Royal network officially revealed that the Grand game will be ipo,9 month 23rd Grand Game announced that the public distribution of ads (the United States Depository shares) from the initial 63 million shares to 83.5 million shares. The prospectus found that Shanda's sales rose 45% per cent to $494.3 million a year earlier, rising 43% to 321.9 million dollars in the first half of the year, with net profit growth of 58% to 136.9 million dollars last year and a 75% to 98.3 million trillion in the first half. China's online gaming market grew by 77% last year to $2.7 billion trillion, IDC figures show. (A wood)