Chinese internet IPOs lose their sheen

Investor fatigue is starting to take the shine off China's US-listed internet companies, prompting fears of a sell-off.

Chinese internet IPOs lose their sheen

After an initial stampede for shares in Chinese internet companies, investors are now worried that another tech bubble is on the way after recent US IPOs from China’s internet players have failed to perform in secondary market trading.

Shares in Chinese dating website International, which raised $78 million, fell on their Nasdaq debut. Renren, the Chinese Facebook clone that stormed the US market with a $743 million offering, has also tumbled...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Print Edition

FinanceAsia Print Edition