Two Chinese companies, Acorn International Inc. (NYSE:ATV) and Qiao Xing Mobile Communication Co., Ltd. (NYSE:QXM), were listed on the New York Stock Exchange Thursday.

Acorn International Inc, the Shanghai-based TV direct sales company priced its initial public offering (IPO) at 15.50 dollars a share. With 7.7 million American depositary shares (ADS) in the deal, Acorn International raised 119 million dollars.

The company runs TV direct sales programs on four nationwide China Central Television channels and 28 national satellite TV channels.

Shares of ATV opened at 19.90 dollars a share, and rose to 21. 49 a share in recent trades.

With 13.3 million shares in the deal, Qiao Xing Mobile raised 133 million in the IPO. Qiao Xing Mobile raised 160 million dollars in the IPO.

Qiao Xing Mobile is one of the leading domestic manufacturers of mobile handsets in China in terms of unit sales volume.

Shares of Qiao Xing Mobile opened at 12 dollars and rose to 12. 29 dollars a share.

Source: Xinhua