Yet another Chinese IPO. This one looks pretty impressive but with the market conditions of recent days who knows. Today 8-08-07 was the first day of trading and it made a great showing ranking it in the top 10 IPOs of 2007. Todays opening price was 18.12 and it climbed to a high of 23.65 before closing @ 19.43 on volume of 14,550,200
Press Release Source: E-House (China) Holdings Limited
E-House (China) Holdings Limited Announces Pricing of Initial Public Offering on NYSE
Wednesday August 8, 1:29 am ET
SHANGHAI, China, Aug. 8 /Xinhua-PRNewswire-FirstCall/ -- E-House (China) Holdings Limited (''E-House"), a leading real estate services company in China, announced today that its initial public offering of 14,600,000 American Depositary Shares (''ADSs''), each representing one ordinary share of the company, was priced at $13.80 per ADS, exceeding the high end of the original pricing range of $11.50-$13.50. The ADSs will begin trading on the New York Stock Exchange on August 8, 2007 under the symbol ''EJ.''
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Of the 14,600,000 ADSs sold in the offering, 11,450,000 ADSs were sold by E-House, and 3,150,000 ADSs were sold by the selling shareholders. The underwriters have been granted a 30-day option to purchase up to 1,717,500 additional ADSs from E-House and an aggregate of 472,500 additional ADSs from the selling shareholders to cover over-allotments.
Credit Suisse Securities (USA) LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as joint book runners and CIBC World Markets Corp. and Lazard Capital Markets LLC acted as co-managers for the offering.
E-House's registration statement relating to these securities has been declared effective by the United States Securities and Exchange Commission. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering of the securities is made only by means of a prospectus forming a part of the effective registration statement. A copy of the prospectus relating to the offering may be obtained by contacting Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, One Madison Avenue 1B, New York, NY 10010; phone: 1-800-221-1037; or by contacting Merrill Lynch, Pierce, Fenner & Smith Incorporated, 4 World Financial Center, New York, NY 10080; phone: 1-212-449-1000.
About E-House
E-House (China) Holdings Limited (NYSE: EJ - News; "E-House") is a leading real estate services company in China based on scope of services, brand recognition and geographical presence.
Since its inception in 2000,
E-House has experienced rapid growth and has become the largest real estate agency and consulting services company in China. E-House provides primary real estate agency services, secondary real estate brokerage services and real estate consulting and information services, and has received numerous awards and accolades for its innovation and quality, including ''China's Best Company'' from the National Association of Real Estate Brokerage and Appraisal Companies in 2006. E-House believes it has the largest and most comprehensive real estate database system in China, providing up-to-date and in-depth information covering residential and commercial real estate properties in all major regions in China. For more information about E-House, please visit
http://www.ehousechina.com .
EJ....EHouse.. Chinese IPO 
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