Mixed performance after sell-downs in Youku Tudou and Soufun

Youku Tudou rallies after a Temasek affiliate raises $185 million from the sale of its entire stake, while Soufun falls below the placement price after General Atlantic reduces its holdings by $124 million.

Mixed performance after sell-downs in Youku Tudou and Soufun

Two shareholders in Youku Tudou and Soufun Holdings took advantage of the recent gains in internet-related stocks at the end of last week to monetise all or part of their holdings in the two US-listed Chinese companies.

Sennett Investments, which is an affiliate of Temasek Holdings, sold its remaining 6% stake in internet video site Youku Tudou, raising $184.8 million, while private equity firm General Atlantic sold close to 20% of its holdings in...

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