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Chinese fashion portal MOGU prices US IPO at $14, the low end of the range


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MOGU, a Tencent-backed online fashion marketplace in China, raised $67 million by offering 4.8 million ADSs at $14, the low end of the range of $14 to $16. MOGU plans to list on the NYSE under the symbol MOGU. Morgan Stanley, Credit Suisse and China Renaissance acted as lead managers on the deal.

The article Chinese fashion portal MOGU prices US IPO at $14, the low end of the range originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.




This article appears in: News Headlines , IPOs



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