Changyou.com began trading on the Nasdaq Stock Market yesterday, defying the slowest IPO market in 20 years and completing the largest listing of a Chinese company in the US since 2007.
Changyou, an online game developer listed its American Depositary Shares on the Nasdaq after its $120m (€89m) IPO, following the path of its parent company, Sohu.com Inc, which listed on the Nasdaq in 2000.