The stock market debut of Chinese social network Renren will have turned heads at Facebook. The sky-high valuation when shares were priced on Wednesday (at more than 70 times 2010 revenues) conveyed a simple message: investors are hungry for growth. And there is no other growth story with the allure of the Chinese internet.
中國社交網(wǎng)站人人(Renren)上市首日的表現(xiàn)應會傲視Facebook。人人股票周三定價時獲得的天價估值(超過了2010年收入的70倍),傳遞出一個簡單的信息:投資者渴望增長,而有了中國互聯(lián)網(wǎng)的吸引力,其他什么都算不上增長故事了。
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