Newly listed car website Autohome (NYSE: ATHM) got an early Christmas present, as its shares soared in their trading debut in what’s likely to be the final IPO by a Chinese firm on Wall Street this year. Meantime in other IPO news, online literature company Shanda Cloudary could be moving closer to its long-delayed listing with talk that its longtime CEO has resigned. These 2 news bits cap a bumpy year for Chinese IPOs in New York, where new offerings were nearly non-existent for most of 2013 before a sudden flurry of activity in the last 2 months. Read Full Post…
