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Vista House (www.vista123.com): Chinese Web, with the illness to the foreign market

Chinese Net company's newest Listing tide, it truly is tough to win public acclaim!
Ku6 backdoor listing from the start date, which might be regarded as one dominated by the video web-site listed on collective action. Nonetheless, the video industry ashamed of the loss of the business, as nightmare, so it truly is still not encounter as a slender adult capping ceremony weak child.
Even so, they still became the capital marketplace, The risk of return investors anticipate an early listing anxious to recover their investment, less active, far more foreign capital markets, China wants to stimulate new blood, including the joint action of external forces, the Chinese World wide web organization with a Yin Ji, running tour within the listing on the road.
watched their backs away, I heard a heavy sigh, suddenly sounded!


Gokokuji, the Beijing Xicheng District, one of the couple of downtown hustle and bustle of the Pure Land.
about a month ago, Wang Wei within the courtyard near a rental. Solemn Buddhist bathed in pure, he hopes he can stay calm and keep calm.
China's second largest video site Tudou, listed on the NASDAQ to ring the bell, the dream of organization for a lot of years has been into the man and CEO, the multitude of work waiting for him to clarify. But, ex-wife Yang Lei filed at this time the division of property litigation, are like a rasp angular, deeply tormented him. If handled correctly, the case is likely to hit investor confidence and market prospects Tudou delay. For that reason, Wang Wei ought to quit and carefully give some thought to and seriously deal with.
division of property in addition to the case of his ex-wife, Wang Wei faces the larger challenge is, he need to convince investors that the future of the potato network can make cash, earn sufficient income to investors happy.
and anxious and also Wang Wei Koo. His positive and Tudou Youku be listed as a forward to the end of the sprint race.
Chapter ugly duckling becomes a swan

11 16, known as the Chinese YouTube, Youku, the official with the U.S. Securities and Exchange Commission (SEC) filed IPO applications, it own valuation of 1.1 billion.
professional webpage IPOSCOOP based on the U.S. report, Youku will probably be local time on December 8 the United States formally listed for trading on the Nasdaq, might be issued 1537 million American depositary (ADS), the underwriters as Goldman Sachs, issue cost range of 9-11 U.S. dollars, to raise money in one fell swoop about 1.five billion U.S. dollars.
stake up to 41.48% of the Koo will develop into the new billionaires, ranks amongst China's rich list.
scenery and ancient compared to quite a few of Wang Wei seemed bleak.
potato network on November 10 IPO application submitted to the SEC, the offering and listing date of exchange of information and facts so far unknown. Presently only recognized, Wang Wei invited Deutsche Bank and Credit Suisse as its lead underwriter, fund-raising amount of about 1.2 billion U.S. dollars. In spite of this, Wang Wei's stake diluted soon after a large number of Jinyu 13.4% market wealth effect brought him much weaker than Koo.
considerable literary temperament Wang Wei who may perhaps not value this, but Tudou current
information and facts in Tudou public the day immediately after the IPO,Office Professional Plus, the domestic digital distribution company priorities buddies Bullock suddenly launched an attack, the United Nations announced that it has quite a few significant digital distributors Law Group submitted to the SEC, property rights are severe, the provider faced a large number of domestic film and tv piracy over 50 million U.S. dollars the amount of litigation,
the third day, Wang Wei's ex-wife - SMG anchor Yang Lei to the Shanghai Xuhui court, referred to as for the king of the potato micro-network alternative to freeze, because prior to Wang Wei as negative
sudden appearance of his ex-wife profitable possibilities. Which is the current Chinese Net businesses collectively
Youku fact, not much far better. Hit the newspapers within the listing application, the even more it Tudou earnings for the first time clearly showed in public. Not incredibly happy is that the performance of two single miserable. Tudou and Youku prospectus data show that the former loss of 83.73 million yuan in the very first three quarters, the latter loss of 167 million. When you count the backdoor listing of the cool early 6 network, the first 3 quarters of domestic losses of the three key video internet sites close to five billion.
In reality, the video web site has been lost for a large number of years. Youku 2007 to 2009, the annual net loss was 89.68 million yuan, 204 million and 1.82 billion yuan. The very first 9 months of this year, the net loss of 24.95 million yuan from the same period last year increased to 1.67 billion. The other side, Tudou 2007 to 2009, annual net loss was 95.9 million yuan, 2.13 billion yuan and 145 million.
dragged the heavy burden of loss, Tudou and Youku desperately seeking behavior of the market worried about the business it can not aid,
11 15, China's first listed provider inside the video business Ku6 release third quarter earnings, revenue $ 3,960,000 for the quarter, net loss of $ 12,700,000.
dispute listed sprint

behavior of the present IPO Youku has its own point of view, he Ventures Feng Deng, Managing Director of the Northern Lights also believes that the video business has not matured along with the business value chain is too lengthy, the distribution of benefits of the parties involved in too much, leading video internet site operational risk is reasonably high, when the marketplace is clearly the performance of some impatience.
rush for the video web site listed on the phenomenon, in some investors one more reason -
The Tudou and Youku has accepted the five investment, and as a result especially tight marketplace for them. Statistics show that as of now, Youku had completed 6 financing, totaling $ 160,000,000, Tudou has also completed five rounds of financing, financing amounted to 135 million.
newest survey, the video business in recent years has slowed the pace of development, growth rate of six months only 10%. Furthermore to earnings however to be resolved, the phenomenon of rampant video piracy still happen, all video content homogeneity is pretty severe.
Yet, the trade you will find also some positive voice. a good thing.
present, the challenges faced by countless video websites: the high cost of bandwidth, the bandwidth is still especially tight domestic, various CDN (Content Delivery speed network) service providers just isn't only pricey, but poor service; in copyright, the majority of domestic piracy is still fairly serious website, even though several large-sharing web page removed quite a few hit movies and television in North America and China, but the Japanese drama, animation and video piracy of old pieces are still highly frequent.
stick to the HD line of Wonderful Art genuine complaints, Eight sets of the.
Youku has said he is expanding the network bandwidth and technical upgrades, network compete with the potatoes inside the Chinese internet video marketplace dominance. Tudou also said that the income of IPO will likely be utilized to expand network bandwidth and upgrade its own technologies to compete with Youku.
the first 9 months of this year, Youku total revenue 234.6 million yuan, potatoes net income reached 214 million total, the two corporations in all of its revenue from video ads. The industry are concerned,
video providers are conscious of the challenge, including the Amazing Art, Youku, Tudou along with other main video web sites to explore new profit model team.
to the present domestic video industry development,Microsoft Office Professional 2010, the video to go Gong Yu believes that the future this trend will be intensified, and for video web-sites, the market success means companies have sufficient financial resources to follow this trend to dance.
demanding transcripts are not satisfied that City

Ku6 the reported to have courage to face just before the Wall Street investment home.
June 1 this year, Shanda announced, and Hurray, Hurray,Microsoft Office Ultimate 2007, Shanda will acquire a network audio company, Shanda will obtain approximately 415 million extra shares of Hurray ordinary shares. At the identical time, Shanda will probably be approximately $ 36,900,000 to invest in Hurray recorded music and wireless value-added services business.
last November 27, Hurray, and Cool 6 network for the equity merger. The completion of the transaction, the listed company's main enterprise Hurray 6 network will likely be cool, it will turn out to be the very first independent video web-site within the United States.
this result, the country is rather satisfied with other video internet sites. Just the day before the announcement, Google's Doubleclick's web site in April announced a global special visitors TOP1000 list. The list shows Ku6 to 41 million average daily distinctive visitors and 400 million of average daily traffic of 10 million (PV) was rated as the world number 52 website, and Youku, Tudou and 56 net respectively ranked 17th, 28th and 47th.
Ku6 backdoor listing is productive, the next day Hurray shares soared, rising $ 0.3 opened up $ 3.55, or 9.2%, closing stock cost rose $ 0.46, to close at $ 3.71, significant up 14.15%. Seeing results much better than their own excellent ranking on the list of Cool 6 network has been recognized by Wall Street investors, not willing to run behind various other video web sites have accelerated the pace of the market.
ugly duckling of a miracle not just in Ku6 body, the identical flat Mecoxlane performance also passed the evaluation on Wall Street.
10 月 26th, the Chinese women productive sales website Mecoxlane NASDAQ, opening up to $ 17.50 in its debut, breaking the 10 years the field of domestic B2C corporations listed without a history. The listing on the eve lingering pessimism in the media surrounding forest McCaw, did not to suppress the NASDAQ Capital market Mecoxlane of fanaticism, as opposed to its IPO cost of opening up 59.1%.
The enthusiasm of the stock sought soon after by investors. I think this is the business a new commence! Gain an advantage as the capital markets e-commerce corporations, Mecoxlane lucky enough to obtain any cooler.
both market size and market visibility, Mecoxlane the marketplace completely can not be regarded as Bureau released data show clear, McCaw Michael Lin's network (m18.com) 2009 the marketplace share of 8.9%, and also the number 1 customer Eslite where the market share of 31.3% compared with the bigger gap. In spite of this, Sequoia Capital's assist, the Wall Street Mecoxlane successfully to describe a population of even more than 1 billion for the whole of China tailor the story to go on the road listed inside the renowned Dangdang, Jingdong Mall, where the passengers front.
opportunities.
Chapter boiling created the rich sports

Ku6 and Mecoxlane common white swan unfolding story of ugly duckling, but also the domestic World-wide-web companies on Wall Street in droves. Chinese World wide web firms listed on the issue when once more to reach a consensus on the collective,
just before Tudou and Youku starts IPO preparations for B2C organization there is certainly effortless vehicle network, Dangdang, Shanghai, regulating the family network and 5173 and so on. Additionally, such as Thunder, Thousand Oaks, such as related videos, a number of areas of social along with other World-wide-web firms are planning next year at the end of this year to be completed before IPO.
is planning a lengthy, ripe Ye Hao, a hot-headed, chasing fashion Ye Hao, sailing listing and financing in China's Net circle isn't the first time preferred. Early inside the last century, the early Chinese stocks on overseas capital markets filled with a wave of public tide, if that counts as the first wave, from 2004 to 2005, Shanda, Tencent, Baidu, regarded as the second wave of market in 2007, Ali Baba,Office Enterprise 2007, counted as the third wave of a giant marketplace, then now could be 10 years of Chinese Internet business listed on the very first four boom.
listed on the first 3 waves

World-wide-web plus the capital market in China began in the late initial adore. That time has just come near the Chinese Net companies are unwilling individuals, the fancy and did her preferred to accelerate the close contact with overseas capital. Finally, both the Hong Kong-owned Xinhua News Agency along with the background of the CDC come out on top, the first in July 1999 on the Nasdaq market. Its indisputable,
CDC's Morgan Stanley and Goldman Sachs as the fierce market competition Sina, the final Morgan Stanley Yet, listing on the eve of Sina, the Nasdaq is near the internet bubble burst state. April 13, 2000, Sina well below the expected give cost, marketplace trends NASDAQ.
subsequent follow-up is even a lot more tragic and Sohu, Netease, June 30, NetEase is listed below the issue cost, immediately after the share price also fell to a dollar much less a danger of becoming delisted; July 12 listing immediately after the city suffered Sohu satisfied Nasdaq Chinese businesses face disaster.
2003 end of the year, Ctrip opened a Chinese World-wide-web company listed on the second wave of the regiment. This can be a listing of oncoming tide seems to be a lot more violent. March 2004, the wireless value-added services develop into the hot marketplace, air network, for instance Linktone and TOM have been listed overseas, but TOM will usher inside the marketplace when listed a heavy blow. The very first day of the Hong Kong GEM stock down 3% suffered bad luck, the Nasdaq Stock Marketplace, TOM shares the day is only up 0.2%. Given that then, its performance are going to be no improvement, the stock has been hovering within the issue price of the following.
TOM's
soon after a lapse of four years, began to take center of the Chinese on-line game company to become the new darling of the capital market.
2004 年 5 months, the Nasdaq World wide web stocks in China ushered within the most shining star - a grand. Inside the exact same year in August, a grand market capitalization of 14.8 billion U.S. dollars, this result was the concept of Chinese World wide web stocks initial.
peak when the big board, various the investment community had predicted that the current round of overseas-listed Chinese stocks boom is over. Having said that, the line of web services, 51job, e dragon, corporations including Tencent along with the ninth productive listing of the city and exceptional breaking performance this afternoon pessimistic predictions.
and also the interval between the first two waves of four years of listing, the Chinese Internet corporation listed on the third wave did not keep people today waiting too lengthy.
into 2007, with the global capital marketplace activity, and growing profitable web firms in China, a brand new round of market boom has finally matured.
2006 年 12 15, Netsun IPO in Shenzhen A share market boom rekindle the net organization. Then in 2007, overseas visitors overwhelmed the capital market in China. July 27, Excellent World NASDAQ, the highest rate of Chinese Internet providers listed on the fastest on record. October 9, Kingsoft in Hong Kong Stock Exchange; November 1, the giant network within the New York Stock Exchange, financing extra than 10 billion; November 2, net lengthy listed in Hong Kong. Nov. 6, when the last 1 to enter the capital marketplace, China's network giant Alibaba within the Hong Kong Stock Exchange.
very same time, the Chinese Online company's stock cost rose sharply within the year, the third wave of Online providers listed, marketplace capitalization stood a higher beginning point of beginning, including Alibaba, listed on the very first day Tencent and Baidu in excess of,a Chinese Net enterprise the highest market value.
and organizations listed on the very first two waves compared to the third wave of wave of Chinese listed Net providers has launched a broader wave of producing the rich. Due to the fact the company's stock to fully disperse the hands of a huge number of employees, the organization gave birth to the groups listed on the wave of generating the rich, the last quarter of 2007, the average daily production of 70 millionaires. At the identical time, will also be listed Chinese Web company's total marketplace capitalization of $ 1,000,000,000 from the very first wave, pushed rose to almost 700 billion dollars.
listed overseas to lower the threshold

listed having a wave of 3 unique web-sites listed outside the fourth Baltic IPO shows the principal video web sites, e-commerce features like the diversification of secondary .
Some analysts think that on the current situation, no matter whether it is funding to boost future competitiveness from beginning, or from the investor point of view of the past returns, capacity and ideas listed on the site have been standing on the threshold of . The prospectus of the overseas listed businesses shows that a number of organizations are in line with domestic A shares marketplace conditions, could be why they are far away it?
Some analysts pointed out that the cumbersome process of Chinese listed businesses, in most cases from filing to the marketplace by then, it takes two years. A much-needed support for growing companies, it's can not wait that long, especially eager to secure extra capital to be able to
contrary, from the overseas capital marketplace, financial crisis, the Chinese enterprises overseas exchanges often trotted out the Chinese companies listing on the threshold and rules have been adjusted to reduce the conditions required to simplify the steps listed to increase efficiency.
this year, the NYSE and Nasdaq would be to begin the battle for Chinese enterprises, listed the threshold has been decreased. For instance, the NYSE listing standards now are fundamentally two: 1st, the size of IPO is not less than $ 60,000,000; the second just isn't much less than the market value of listed $ 50,000,000.
Deloitte partner, said Jin Jianming do: In contrast, overseas listing and financing difficulty is the lowest. Threshold is low, time is short, best equity incentive mechanism, the other, additional liberal use of funds overseas.
under favorable elements in this year, overseas listing of Chinese enterprises might be described in full swing. According to the U.S. New York Stock Exchange is expected this year there will likely be 12 to 15 Chinese organizations on the NYSE IPO, Nasdaq is expected this year within the city of listed Chinese companies is satisfied is likely to exceed last year's 33. In Germany, the performance of Chinese enterprises is often a record this year, Chinese firms have been eight effective listing on Deutsche B"orse.
within the domestic A-share listed in the Music Watch vice chairman Liu Hong, general manager of the personal experiences of domestic and foreign marketplace compared: re-financing or private placement to raise funds. Then again, the GEM within the domestic private placement to refinance and details have not yet come out, it can not operate. Moreover, the overseas market to refinance a short time, re-financing rules are comparatively uncomplicated, unlike the domestic less complicated. Chinese-invested enterprises in the United States is clearly a hit.
analysts think that Chinese enterprises are so popular, the factors are not complex. The global monetary crisis spread to most developed countries in Europe and America, and China sacrifice the lengthy corner, now is the most stable global economy, the fastest growing countries, China's economic growth this year to reach 10.3% in the second quarter of the year is expected to reach 9.5%, while the phase than, the U.S. economy grew by only 1.7% within the second quarter, for that reason, optimistic about China the world's key exchanges, improve investment normal. At present, China has grow to be the world's largest IPO resource land. RenaissanceCapital 马特泽瑞安 analyst said: Investors admiration, adding the desire to grow. According to the U.S. IPO market investigation firm RenaissanceCapital information, the IPO of Chinese enterprises within the United States increased by 30%, even though the other countries of the IPO businesses inside the United States grew only 4%.
the identical time, IT firms in China far more than the standard industries and enterprises of the concern caused by overseas investors, with a grand, Baidu as well as other prosperous instances of domestic IT providers, overseas IT corporations develop into a favorite of domestic capital markets, attract far more Chinese IT enterprises were
throughout the National Day this year, the internet communications service provider ChinaCache landing NASDAQ marketplace, was optimistic about the prospects for investors in China's Internet business vigorously sought following, that just jumped nearly 1 times listed, the highest in 2007 businesses listed on the exact same day within the U.S. considering that the largest improve on record. Dalian software outsourcing enterprises in - HiSoft since listing the market was up 162%. China stocks IT providers for instance Baidu, Vimicro, Evans specifics, Spreadtrum Communications, a grand, eye-catching in the U.S. stock marketplace performance than the problem cost, a major gain. Foreign private equity analysts inside the United States a few of the Chinese stocks listed on the rating given to the new price, to maintain
within the foreseeable time period, Chinese consumption could be an attractive capital marketplace has continued to the idea. The future will be even more to the overseas listed Chinese organizations, but their widespread feature is that both the Chinese domestic marketplace for its principal revenue source. Therefore, the concept of the Chinese market will develop into an necessary future topics listed overseas.
Chapter In a different words, the overseas marketplace for listed ask for significantly, but sit tight in there, it is not uncomplicated. As industry observers have said Hsu, Chinese enterprises listing isn't hard to do, but to do as Siemens, Coca-Cola, Google as a going concern is hard.
November of this year, cool 6 Within the third quarterly within the third quarter net loss of $ 12,800,000, down conversion, cool, 6, the media in the third quarter, the average every day loss of $ 142,000, equivalent to about RMB 943,000 yuan.
financial report also shows that, as of September 30, 2010, cool, 6, the media has cash and money equivalents $ 40,100,000. Analysts pointed out that inside the coming year if it really is their loss of speed can not be efficiently checked, and Shanda main shareholders do not continue to
truth, Shanda Cool 6 total 47% stake in media, computing, cool, 6 the third quarter of the loss of $ 12,Genuine Office 2010,800,000, some $ 6,020,000 to the grand final will likely be counted heads. If we add Ku6 the first and second quarter losses, 2010, Shanda will Ku6 back far more than 1,000 million deficit, on a grand performance of the network is going to be severely affected.

Ray Hill has written that the procedure of seeking profits, Tudou and Youku are shifting the focus to generate additional, as opposed to relying on users to contribute content. Having said that, the video web-site is not television, the content they develop pretty sizeable costs. And, creating content and creating a cool internet web-site management skills needed are fully numerous.
Ray Hill also believes that there are actually two factors that the risk of China's on the net video industry is the rise of the bubble.
1st, the big number of Chinese organizations marketing budget of only 3% to 5%, well below the United States, 8-12% of the standard level. At the exact same time, more and more positive type of the rise of digital advertising. This means that somewhat smaller advertising invest will appear increasingly fierce competition.
Second, the digital marketing and advertising spending budget is reasonably smaller, most of the purchasing decisions of huge enterprises to outsource most of the media buyers. The latter frequently find their clients can not penetrate the very best approach to target marketplace; they are themselves in search of ways to get the most commission. The whole customer base if they'll withdraw from a medium risk will be really high.
escape the wave of the bubble under the worry. Competing with the crowds enthusiasm in sharp contrast to the United States, is component of the Chinese enterprises,
suspected for the reason that the prospectus false or misleading information and facts, some providers are becoming to the courts. The first half of this year, the British For that reason, with the overall market's bullish on China, is the challenge of Chinese enterprises and individual look. Recent U.S. IPO providers, the financial statements of some amazing sufficient, its profitability and future growth are subject to varying degrees of doubt.
to Tudou, for instance, the listing prospectus: its net revenue from 2007 to 2009 compound annual growth rate of 313.6%, respectively within the annual net loss of 95.9 million yuan, 212,600,000 yuan and 144.8 million yuan, profits of concern. On the other hand, within the first nine months, net loss of 100.four million yuan from the same period last year decreased to 83.7 million yuan, a drop of 16.6%. This number changes might be related to the bandwidth into just about complete pre-and copyright-related bubble dissipated.
analysis, there's a possibility is that VCs are Because of the continuing require for extra investment, generating the video listed on the webpage is especially urgent. Prior investment in bandwidth and server equipment video web-sites let burn loads of income, the procedure of genuine added copyright costs. Existing profit model the whole video web site is still regarded as not clear sufficient. So for the video company prospects for the organization soon after listing, the business began to differences of opinion.
At this point, the video web site Tudou and business aren't isolated instances - immediately after the Chinese businesses listed on the fate of the United States still need to wait and see. Most of the funds with significant disposable youth; who has almost 800 million mobile phones, these men and women want to watch videos in the phone. But 1 day, a clear rational analysis will prevail.
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