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China Real Estate Info Prices Initial Public Offering

October 19, 2009 (FinancialWire) — China Real Estate Information Corp. (NASDAQ: CRIC), a provider of online and offline real estate information and consulting services in China, announced the initial public offering of 18 million American depositary shares (ADSs), each representing one ordinary share of the company, was priced at $12.00 per ADS. The ADSs will begin trading on the NASDAQ Global Select Market on October 16, 2009 under the symbol “CRIC.”

All of the ADSs sold in the offering were sold by CRIC. The underwriters have been granted a 30-day option to purchase up to 2,700,000 additional ADSs from CRIC to cover over-allotments.

Credit Suisse Securities  LLC and UBS AG acted as joint book runners for the offering.

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