Shanda Games is currently pre-marketing an initial public offering of American depositary receipts ADRs that is expected to raise approximately $800 million, according to a source familiar with the situation. The deal, which is expected to be completed before the end of September, comes six months after Changyou.com, another Chinese gaming company, listed in the US.
Shanda Games develops, operates and licenses online games that are played in China. It has two types of games massively multi-player online role-playing games MMORPG, which are intensely time-consuming games that are often set in fantasy worlds and advanced casual games, which contain the storyline and graphics of a MMORPG without the massive time commitment....
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