Sohu

Chris Nuttall

You would have to be a gaming company and it would help if you were Chinese, if planning a successful IPO in these treacherous markets.

Changyou ticked both boxes and closed 25 per cent higher than its $16 placing on its Nasdaq debut on Thursday. It had already been priced at the top end of a $14 to $16 range, such was the demand. Read more