March 18, 2009

SOHU CYOU IPO


Online game business Changyou.com, a unit of Sohu.com, is preparing an IPO on NASDAQ under symbol CYOU and hopes to raise well over $100 million (US Dollars). CYOU will be the first Chinese IPO in 8 months and coming just after NASDAQ's longest dry spell in a generation. Internet gaming continues to boom in China and makes the consumer discretionary sector a rare target for investors as the Chinese economy struggles to maintain growth....

Labels: ,


Comments: Post a Comment

Subscribe to Post Comments [Atom]





<< Home

This page is powered by Blogger. Isn't yours?

Subscribe to Posts [Atom]