dealership

China Harmony Auto raises $215 million from Hong Kong IPO

The luxury car dealer prices at the bottom of the range, while Wuzhou International is forced to reduce the retail portion of its $179 million offering.

June 09, 2013

Chinese online retailer raises $78.9 million from US IPO

LightInTheBox becomes the first Chinese company to list in the US since November last year. The stock jumps more than 17% at the start of trading.

June 06, 2013

Yongda Auto extends IPO bookbuilding until Monday

The Chinese BMW dealership postpones pricing by three days in an attempt to salvage the $306 million deal amid weak demand. Terms remain unchanged.

May 24, 2012

China ZhengTong Auto buys rival dealer for $860 million

China’s second-biggest BMW dealer has agreed to buy rival Exactwin, which sells Jaguar, Land Rover and Volvo brands.

August 30, 2011