A few days ago, I was at Great Wall Club’s Global Mobile Internet Conference in Beijing and I heard a speech from Michael Song, CEO of Sky-mobi.  And I immediately knew what meant by talking up one’s share price.

Hangzhou based Sky-mobi runs an App Store over feature phones.  (Most of these use Mediaktek chipset.) It is the largest of its kind in China.  In the twelve months ended March 2010, the company has over Rmb 540 million revenue and over Rmb 120 million in operating profit.  But it was not well received in Nasdaq.  Its  share price plunged 33% off its IPO price (US$8) on its first day of trading (Sky-Mobi, a Disappointing IPO)

The speech is about Song’s experience of getting his company listed in Nasdaq – mainly focus on the last few months. Michael said how he addressed investors’ greatest concerns:

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Sherman So

Author of Red Wired: China's Internet Revolution, the first book to completely survey the nature of China's internet. (http://redwiredrevolution.com/) She previously was the lead China technology reporter...