Renaissance Capital logo

CLPS Priced, Nasdaq: CLPS

Provides professional IT services to financial firms in China.

Industry: Technology

First Day Return: +5.0%

Industry: Technology

ChinaLink Professional Service (CLPS) is a global information technology (IT), consulting and solutions service provider focused on delivering services to global institutions in banking, insurance and financial sectors, both in China and globally. For more than 10 years, we have served as an IT Solutions provider to a growing network of clients in the global financial industry, including large financial institutions from the US, Europe, Australia and Hong Kong, and their PRC-based IT centers. We aim to build one of the largest sales and service delivery platforms for IT services and solutions in China. We maintain eleven delivery and or R&D centers to serve different customers in various geographic locations. Seven centers are located in China, including cities of Shanghai, Beijing, Dalian, Tianjin, Chengdu, Guangzhou and Shenzhen. The remaining four centers are located in Hong Kong, Taiwan, Singapore and Australia. By combining onsite or onshore support and consulting with scalable and high-efficiency offsite or offshore services and processing, we are able to meet client demands in a cost-effective manner while retaining significant operational flexibility. We believe that maintaining our Company as a proven, reliable partner to our financial industry clients both in China and globally positions us well to capture greater opportunities in the rapidly evolving global market for IT consulting and solutions. We have 1,487 employees, 70% of which are dedicated to serving our foreign financial institution clients.
more less
IPO Data
IPO File Date 03/27/2018
Offer Price $5.25
Price Range $5.00 - $5.50
Offer Shares (mm) 2.0
Deal Size ($mm) $11
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/23/2018
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $11
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Shanghai, China
Founded 2005
Employees at IPO 1,487
Website www.clpsglobal.com

CLPS (CLPS) Performance