Look for Chinese companies to keep the U.S. IPO pipeline primed in 2011, coming off a year when they accounted for nearly a third of U.S. offerings. But they'll be less prominent on private exchanges like SharesPost, Second Market and Xpert Securities.
Youku, the highly promising Chinese online-video site, had the strongest first-day rally of anyone on a U.S. exchange since China's Baidu in 2005. But the flip side to promise is risk -- and the risks of pinning big hopes on Youku are also big.
Have the markets entered an IPO time warp? This week, Chinese deals were red-hot. Take a look at Youku.com. In Wednesday's debut, itsstock soared 161% to $33.44, raising $203 million. It marked the best return since Baidu hit the markets five years ago.
As China's economy continues to grow, Chinese companies are flooding the U.S. IPO market. Six of the nine companies scheduled to go public on U.S. exchanges this week hail from China, and one Taiwanese company is also planning its debut.
China's world-famous Shaolin monks are joining forces with state-owned China Travel Service to promote travel to their 1,500-year-old monastery. The new company will raise as much as 1 billion yuan ($146.4 million) in a share listing.
