Recently Priced Foreign IPOs Listed on US Markets
Company Name Ticker Location Pricing Date IPO Price Current Price Return Underwriter
Flag ATA Inc. ATAI China 01/28/08 $9.50 $5.48 -42.3 % Merrill Lynch
Flag Britannia Bulk Holdings BBLKF United Kingdom 06/17/08 $15.00 $0.02 -99.9 % Goldman Sachs
Flag Cascal HOO United Kingdom 01/28/08 $12.00 $4.24 -64.7 % J.P. Morgan
Flag Chardan 2008 China Acquisition CACAU China 08/11/08 $8.00 $6.70 -16.3 % Brean Murray
Flag China Distance Education DL China 07/29/08 $7.00 $3.35 -52.1 % Citi
Flag China Mass Media Advertising CMM China 08/03/08 $6.80 $1.82 -73.2 % Merrill Lynch
Flag ChinaEdu Corporation CEDU China 12/10/07 $10.00 $4.24 -57.6 % Bear Stearns
Flag Gushan Environmental Energy GU China 12/18/07 $9.60 $1.94 -79.8 % Merrill Lynch
Flag Navios Maritime Acquisition NNA-U Greece 06/25/08 $10.00 $8.62 -13.8 % J.P. Morgan
Flag North Asia Investment Corporation NHR-U South Korea 07/23/08 $10.00 $8.65 -13.5 % Citi
Flag Overture Acquisition NLX-U Cayman Islands 01/30/08 $10.00 $8.95 -10.5 % J.P. Morgan
Flag ReneSola SOL China 01/28/08 $13.00 $2.99 -77.0 % Credit Suisse
Flag Safe Bulkers SB Greece 05/28/08 $19.00 $3.98 -79.1 % Merrill Lynch
Flag Teekay Tankers Ltd. TNK Bermuda 12/12/07 $19.50 $8.18 -58.1 % Citi
Flag VanceInfo Technologies Inc. VIT China 12/11/07 $8.50 $4.91 -42.2 % Citi
Flag Xinyuan Real Estate XIN China 12/11/07 $14.00 $2.41 -82.8 % Merrill Lynch