IPO: On­line job site is listed on NYSE

China Daily (Canada) - - CHINA -

“[ Zhaopin] wants to con­cen­trate on the do­mes­tic mar­ket be­cause that’s where their strong­hold is,” said Josef Schus­ter, founder of Ipox Schus­ter LLC, a Chicago-based in­de­pen­dent fi­nan­cial- ser­vices firm spe­cial­iz­ing in global IPOs. “They seem to be val­ued in line, but it al­ways de­pends on whether they meet the fun­da­men­tals of earn­ings and rev­enue growth.”

Schus­ter also said Zhaopin is part of “an­other huge wave of Chi­nese IPO ac­tiv­ity” tak­ing ad­van­tage of the “win­dow of op­por­tu­nity” for Chi­nese IPOs ahead of Alibaba.

PRO­VIDED TO CHINA DAILY

Mem­bers of Zhaopin Ltd’s lead­er­ship team ring the Open­ing Bell at The New York Stock Ex­change on June 12, 2014 in New York City. The com­pany raised $76 mil­lion in its IPO.

PRO­VIDED TO CHINA DAILY

2014 Jones Day In­ter­na­tional Le­gal Fel­low­ship win­ners take a group photo with at­tor­neys from Jones Day, an Amer­i­can global law firm, at the cer­e­mony held in Bei­jing on Wed­nes­day.

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