The Chinese Internet Stocks Just Started Getting Creamed

Photo: Youku

Perhaps you can blame Muddy Waters and its STRONG SELL rating on Focus Media today. That, combined with the general panic selling we’re seeing today, has created a pretty lethal brew for everything Chinese/media/internet.A few notable decliners:

  • -11%
  • Sina -11.5%
  • DanDang 8.5%
  • RenRen -9.6%

And, well, you get the picture we think.

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