Headhunter seeking $62.6 million on ChiNext

Beijing Career International Co Ltd, a leading Chinese headhunter and human resources company, is seeking to list on the Growth Enterprises Market, or ChiNext, to fund its expansion plans.

According to its IPO prospectus, released by the China Securities Regulatory Commission, the company hopes to raise 400 million yuan ($62.6 million) on the Nasdaq-style board on the Shenzhen Stock Exchange, through the issue of up to 45 million shares.

Created in 1996, the Beijing-based firm's main activities include executive search, staff outsourcing, temporary staff provision and talent consulting.