Take a Deep Breath: China IPO Flood Looms 中国概念股又一春？

Western markets may be tanking on worries about Japan’s ongoing nuclear crisis, but you’d never know it from the number of Chinese firms lining up to make new US IPOs. We’ve already reported here on upcoming offerings from the likes of net security firm Qihoo 360, video sharing site Xunlei, online group buying site Lashou and social networking site Ren Ren. Now Chinese media are reporting that a mobile security provider called Netqin and social networking firm Kaixin001 and another net company called 21ViaNet are all moving towards their own U.S. offerings. The sudden scramble is probably due in part to the end of the Western and Chinese year-end holidays, during which most activity grinds to a halt. So this would be the spring for offerings to begin anew, so to speak. I’d be surprised if more than half of these do make it to market this year. But even if just 5 or 6 of the big names do get there, look for investor fatigue to start to set in by autumn toward these China net firms.

Bottom line: The sudden surge in IPO activity by China tech start-ups could leave investors feeling tapped out, with later-to-market firms offering potential good buys.

近期日本核危机升级，令欧美市场阴跌不断；但是，再看看一股脑涌向美国欲上市的中国公司，真可谓冰火两重天。
我此前提到过网络安全公司“奇虎360”，视频网站迅雷，团购网站拉手网，以及社交网站人人，都计划到美国上市。
现在又有媒体报 道，手机安全软件公司网秦、社交网站开心网(kaixin001.com)，以及网络公司世纪互联都在筹备美国IPO。
这阵“中国旋风”如此密集，原因之一可能是去年年底到今年年初，中美两国的一连串节假日耽误了一些公司的上市计划，
于是在2011年春天扎堆而来，成就了“中国网络股又一春。” 说实话，如果这些公司今年能有一半成功在美国IPO，我就会感到惊讶了。
即使有五六家比较大的能够成功上市，投资者们不到秋天就会对中国网络股疲态备现。
简而言之，一连串中国网络概念股会令投资者感到厌倦，那些没能抢得先机的公司，其股票倒可能物有所值。（完）