China-based online game items trading site 5173.com reportedly plans to raise between $150m and $200m in its Hong Kong stock exchange floation.
US-based publisher International Data Group through its Chinese corporate venturing unit previously invested RMB5m ($780,000) in 5173 in December 2006, while the portfolio company’s other investors include venture capital firm Walden, according to news provider China Business News, citing a company filing for its initial public offering.