China Internet major Sohu may leave Nasdaq: report

Stories You Might Like

• IRA and Roth tax perks get better
• U.S., China agree fresh North Korea sanctions: WSJ
• Serco year pretax net up; dividend increased

2 Comments

new

 March 5, 2013, 10:00 p.m. EST 

 http://www.marketwatch.com/story/china-internet-major-sohu-may-leave-nasdaq-report-2013-03-05?siteid=bigcharts&dist=bigcharts

Portfolio Relevance

LEARN MORE

By Michael Kitchen LOS ANGELES (MarketWatch) -- Nasdaq-listed Chinese Internet firm Sohu.com Inc. SOHU +11.92% is in talks with investment banks and private-equity funds to go private, the South China Morning Post said in an anonymously sourced report Wednesday. The possible move would come as many Chinese companies are complaining about an "unfriendly market environment" in which accusations of improprieties help sink stock prices, the report said. Sohu, which debuted on the Nasdaq at the height of the dot-com bubble in 2000, competes with two other Nasdaq-listed Chinese names: Sina Corp. SINA +1.37% and Netease Inc. NTES +2.17% .