DSC Holdings Ltd.

DSC Holdings Ltd. (DSC) priced its initial public offering on Jun 26, 2026 at $17.00 per ADS, and listed on Nasdaq Global Market. At the IPO price its market capitalization was about $851.2M. Deutsche Bank was lead-left underwriter, joined by CICC. Davis Polk, Maples and Calder and Haiwen & Partners advised the company and Cleary Gottlieb and Jingtian & Gongcheng advised the underwriters.

DSC Holdings Ltd. provides AI application infrastructure and integrated transaction services for China's used car industry, offering used car dealers operating systems that move their workflows online.

Status

IPO

Ticker

DSC

Exchange

Nasdaq Global Market

Priced

Jun 26, 2026

IPO price

$17.00 per ADS

Market cap at IPO price

$851.2M

First filed

May 26, 2026

Underwriters

Deutsche Bank and CICC

Company counsel

Davis Polk, Maples and Calder and Haiwen & Partners

Underwriters' counsel

Cleary Gottlieb and Jingtian & Gongcheng

Sector

Technology

Country / state

China

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.