China IPOs

US appetite for Chinese internet IPOs defies weak profits

China's internet industry has become a darling with investors in the US, but the risks involved in buying these companies are hard to ignore.
<div style="text-align: left;"> Renren is China's leading social-networking portal </div>
<div style="text-align: left;"> Renren is China's leading social-networking portal </div>
May 03, 2011

The frenzy of US IPOs from Chinese internet companies continues. Following Qihoo360 and 21Vianet’s popular initial public offerings, Renren, a Chinese Facebook clone, is said to have increased the offering price of its new share sale.

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