首次公開招股 shǒu cì gōng kāi zhāo gǔ

DEFINITIONS

  1. initial public offering (IPO)

CHARACTERS

首 shǒu head; first; leader, chief; a poem
次 cì order, sequence; next
公 gōng fair, equitable; public; duke
開 kāi open; initiate, begin, start
招 zhāo beckon, summon; recruit, levy
股 gǔ thighs, haunches, rump; share