May 6 (Bloomberg) — Wei Zhou, chief financial officer at Charm Communications Inc., a Beijing-based television advertising agency, talks with Bloomberg’s Susan Li and Paul Gordon about the company’s stock listing in the U.S. and the outlook for China’s ad industry. ¶
Charm sold $74.2 million of American depositary receipts at $9.50 each yesterday, within the forecast price range of $9 to $11, according to Bloomberg data. The shares slipped 1.1 percent to $9.40 in Nasdaq Stock Market trading. (Source: Bloomberg)
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