(RTTNews) - China Real Estate Information Corp. (CRIC: News ), a subsidiary of E-House (China) Holdings Limited (EJ: News ), said its initial public offering of 18 million American depositary shares, or 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 18 million ADSs sold in the offering were sold by CRIC. The underwriters have been granted a 30-day option to purchase up to 2.7 million additional ADSs from CRIC to cover over-allotments.
Credit Suisse Securities (USA) LLC and UBS AG acted as joint book runners for the offering.

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by RTT Staff Writer

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