Internet IPOs face hurdles as enthusiasm wanes

The love affair between investors and Asian internet stocks has soured - for now at least - as companies find it harder to list.

The love affair between investors and Asian internet stocks has soured - for now at least. Companies seeking to list their shares will find it harder, and many of those already on the market could collapse amid skepticism they will make a profit, analysts say.

People's stupidity only goes so far, and that threshold has been reached, says Marc Faber, a Hong Kong-based investment advisor and editor of the newsletter The Boom, Gloom and Doom Report. New...

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