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‘China’s Facebook,’ Renren, Files for IPO

China’s largest social networking site, Renren, is the latest Chinese IT company to go public on the U.S. stock market, CNN reports: Renren said in its filing that it is the leading social networking site as measured by...

Is a China Stock Bubble Forming?

From Time: When the outlandish stock-market events of 2009 are tallied up, the initial public offering (IPO) in Hong Kong of Chinese herbal shampoo maker Bawang International will be a standout. Within 10 minutes of the June 22...

China’s IPO Feeding Frenzy Leaves Sour Taste

From the Financial Times: When PetroChina listed its shares in Shanghai last November, the headline around the world was that PetroChina had a market capitalisation of more than $1,000bn – making it the planet’s most valuable...

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