Ctrip was the first China tech IPO on Nasdaq since 2000 and has set a trend that will see more deals following. Why did your deal work
Shen There has been a good run up among mainstream internet companies in the US including Amazon, and that provided a good market sentiment for technology and internet investing. The other positive factor is that Sina, Sohu and Netease have done better compared to two or three years ago in terms of their earnings. They have found a business model and produced growth. So US investors have started to have a genuine interest in this space, ie the China technology sector.
Ctrip carries a...
