Shanda games to be landed on 25th Nasdaq hit by capital

September 15, according to Shanda Network, its Shanda games will soon be separated from the parent company, and on September 25 with "GAME" code on the Nasdaq listing, plans to raise 788 million of dollars.　　And in April this year, another domestic network giant Sohu has been a spin-off of its online business, and listed on the Nasdaq, so far compared to the issue price of 16 U.S. dollars has risen 155%.　　Some analysts said the grand game listing is also affected by the success of major competitors to the listing successfully.　　It is understood that, as well as swimming, the grand game is also main large multiplayer role playing game, the player through the control of a similar samurai, wizards and other virtual characters, in the course of the game development plot, by the player's pursuit, in the country has millions of of players. Internet Consultancy BDA analyst Liu that, although the Shanda network and Sohu are split online games business listing, but there is a difference between the two.　　He said that after the Shanda Network spin-off game business, not only can obtain the abundant fund to advance the game business further development, simultaneously also can make the game platform. According to Feng Lin, a securities analyst at China's Business-to-business Research Center, the IPO was priced at 16 yuan, trading at about 7 times times the first day, closing up 25% per cent, up nearly 50%. According to the Grand game prospectus, as of June 09 30 grand games in the first half of the total revenue of 322 million U.S. dollars, net profit of 98 million U.S. dollars, the issue of 63 million shares, accounting for 21% of total capital, then the conversion of the grand game per share earnings of about 2.147 U.S. dollars. Shanda Game offering price range of 10.5-12.5 U.S. dollars to the ceiling of 12.5 U.S. dollars, p about 5.82, below the swim. At the same time, with the economic environment warmer, swim the latest price-to-earnings ratio of 15.2 times times, so the first day of Shanda games rose or more than 100%. (Text/Zhang Jiayin)