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China's Internet Firms Issue IPOs in US Stock Market

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A staff member of Youku.com, China's largest online video company, watches a video on Youku's debut in the New York Stock Exchange, at Youku's office in Beijing, capital of China, Dec. 9, 2010.

 A staff member of Youku.com, China's largest online video company, watches a video on Youku's debut in the New York Stock Exchange, at Youku's office in Beijing, capital of China, Dec. 9, 2010. Youku and China's another major internet company Dangdang issued their initial public offerings (IPO) in the US market on Wednesday, meeting great demand from US investors. Youku soared 161 percent to 33.44 dollars per share on Wednesday, the biggest first-day advance US investors have ever seen since another Chinese internet search engine company, Baidu, spiked 354 percent in August 2005. [Xinhua]

 

 The logo of Youku.com, China's largest online video company, is seen at Youku's office in Beijing, capital of China, Dec. 9, 2010.

The logo of Youku.com, China's largest online video company, is seen at Youku's office in Beijing, capital of China, Dec. 9, 2010. Youku and China's another major internet company Dangdang issued their initial public offerings (IPO) in the US market on Wednesday, meeting great demand from US investors. Youku soared 161 percent to 33.44 dollars per share on Wednesday, the biggest first-day advance US investors have ever seen since another Chinese internet search engine company, Baidu, spiked 354 percent in August 2005. [Xinhua]

 

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