Siusic Dot Com

I have been watching every IPO for chinese companies for the past 2 years. Everyone of them is doing good. They are all traded at a price that is much higher than their offering prices.

Shanda Interactive Entertainment Ltd. (SNDA) is an online game producer and operator. It was offered at about $14 at IPO as I remember. It is now trading above $20

Baidu Inc (BIDU) was a superstar. It was thought as the google in China. It was offerd at about $27 as I remember but its share jump sharply at debut to over $100

FOCUS MEDIA HOLDING (FMCN). became a media giant in China. A friend of mine who frequently travels between ShangHai and LA told me you can see their flat panel advertising screen literally in every shopping center in ShangHai. Its share was offer at lower than $20 in IPO. It is now trading above $70

SUNTECH POWER HLDGS (STP), manufacturer photovoltaic (PV) cells and modules, was offer at about $22 at IPO and is now trading at about $37

Now there is another Chinese company debut in NASDAQ in the comming week. It is Xinhua Finance Media Limited (XFML). I am eagar to see its market response.

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