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The sources said Friday, a grand game to 12.50 U.S. dollars per share IPO price, the company’s previously announced price range of 10.50 to 12.50 U.S. dollars at the upper end. This IPO to raise funds Shanda’s games will reach 1.044 billion U.S. dollars, the U.S. IPO market for this year’s largest IPO.

Shanda’s games are expected to be Friday in Nasdaq Stock Market listing, the securities under the symbol “GAME”. Shanda The shares will be issued more than 1300 American Depository Receipts, the parent company Shanda games will sell another 7050 million American depository receipts. Shanda’s games this IPO with underwriters Goldman Sachs, JP Morgan Chase, Nomura, Oppenheimer, and Susquehanna Financial.

In the grand game is listed on five months ago, while touring a Chinese online games company network has been successfully carried out in the NASDAQ IPO, surf net offering price of 16 U.S. dollars. Since the listing date, surf the net stock has risen 140% this week, four to close at 38.30 U.S. dollars.

IPOBoutique.com chief researcher analyst Scott Sweet (Scott Sweet) said, “Compared with the main counterparts of the price-earnings ratio, price-earnings ratio is still low Shanda’s game, so Shanda’s games a huge rise in stock price or potential. ”

Shanda is currently China’s largest online games operator, with nearly 10 million active users. As of June 30 in the first 6 months, Shanda’s revenue for the 321.9 million U.S. dollars, an increase of 43%. Net income for the 98.3 million U.S. dollars. Shanda’s dungeon fighter gold in the IPO, the parent company, Shanda will hold a grand game 71% of the equity and 96% of the voting rights.