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Strategies & Market Trends : Greater China Junior Stocks

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To: Julius Wong who started this subject	11/25/2003 7:28:19 AM
From: Julius Wong	of 1992

China's Ctrip.com sets terms for U.S. IPO Tuesday November 25, 7:16 am ET WASHINGTON, Nov 25 (Reuters) - Ctrip.com International, a hotel and airline ticket consolidator based in China, said Tuesday it would offer 2.7 million American Depository Shares in its planned U.S. initial public offering. Selling stockholders will offer an additional 1.5 million American Depository Shares, Ctrip.com said in a Securities and Exchange Commission (News - Websites) filing. Each American Depository Share represents two ordinary shares, it said. Ctrip.com said it expected its public offering price to be between $14 and $16 per share. The company has not yet released a date for the IPO. It has filed for a Nasdaq listing under the ticker symbol "CTRP" (Nasdaq:CTRP - News). biz.yahoo.com

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