ISoftStone sells 7.3 million American depository shares (ADS) at $13 each, which was the top of its expected range, to raised $88.2m.

Newswire Reuters said Oak Pacific has hired investment banks Credit Suisse and Deutsche Bank for its initial public offering, five years after it had initially been mooted.

Strategic investors were set to help their Indian mobile services portfolio company One97 float to raise money to buy more telecoms equipment but after an initial deferment until mid-December, the initial public offering has been further delayed until next year.

The 10th China Venture Capital (VC) and Private Equity Annual Forum in Shanghai has found more than 850 attendees in a buoyant mood.

DangDang made a higher-than-expected $197m through its IPO with existing shareholders selling $56.75m of stock.

Morgan Stanley owns 20.8% of Sagent and will co-lead its flotation.

Eight institutional shareholders hold more than 5% of Fluidigm ahead of its Nasdaq flotation.

Israel-based, venture-backed companies Modu and Persay reportedly struggle with exits.

ISoftStone plans to raise $162m at a maximum $1.30 per share in New York.

News provider Wall Street Journal said Legend, a China-based holding company for computer maker Lenovo Group and corporate venturing units Hony Capital and Legend Capital, was preparing its own flotation in the second half of the decade.