Zhuang Chenchao, CEO of Qunar.com, is considering an initial public offering in the U.S. as it expects soaring demand for travel services to double revenue in 2012. Photo: Bloomberg Zhuang Chenchao, CEO of Qunar.com, is considering an initial public offering in the U.S. as it expects soaring demand for travel services to double revenue in 2012. Photo: Bloomberg
Zhuang Chenchao, CEO of Qunar.com, is considering an initial public offering in the U.S. as it expects soaring demand for travel services to double revenue in 2012. Photo: Bloomberg
Doug Young
Opinion

Opinion

Doug Young

Qunar joins year-end IPO queue

Online travel site Qunar has become the latest Chinese firm to show interest in a New York IPO by year-end, perhaps marking the end to the winter for US-listed Chinese stocks.

Zhuang Chenchao, CEO of Qunar.com, is considering an initial public offering in the U.S. as it expects soaring demand for travel services to double revenue in 2012. Photo: Bloomberg Zhuang Chenchao, CEO of Qunar.com, is considering an initial public offering in the U.S. as it expects soaring demand for travel services to double revenue in 2012. Photo: Bloomberg
Zhuang Chenchao, CEO of Qunar.com, is considering an initial public offering in the U.S. as it expects soaring demand for travel services to double revenue in 2012. Photo: Bloomberg
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Doug Young

Doug Young

Doug Young has lived and worked in China for 15 years, much of that as a journalist for Reuters writing about Chinese companies. He currently lives in Shanghai where he teaches financial journalism at Fudan University. He writes daily on his blog, Young’s China Business Blog (www.youngchinabiz.com), commenting on the latest developments at Chinese companies listed in the US, China and Hong Kong. He is also author of a new book about the media in China, “The Party Line: How the Media Dictates Public Opinion in Modern China.”