Meet China's Next Hot IPO

The world's most populous nation is warming up to social networking, restrictive shackles and all. Chinese social site Renren, with its 117 million users, filed to go public last week, giving stateside investors another shot to cash in on China's online revolution from the inside.

Chinese Internet IPOs: The Case for DangDang

Among the Chinese Internet companies recently listing on U.S. exchanges, online video site Youko and e-tailer DangDang have gotten the most attention. Both present risks for investors, but it seems clear that DangDang's longer-term prospects are based on a sounder footing.