Youdao slumps on US debut, Q&K launches IPO

Jonathan Breen

October 28, 2019 06:15 am

Online Education_230px

NetEase-backed Chinese education platform Youdao fell by more than 25% on its debut on the New York Stock Exchange last Friday, after pricing its listing and concurrent private placement in the top half of guidance.

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Topics

Credit Suisse Equity IPOs Equity China China International Capital Corp Americas Citi Asia Greater China Morgan Stanley Northeast Asia Asia Pacific United States Emerging Markets North America

JB

Jonathan Breen

Equities editor GlobalCapital Asia