BeaconEquity.com: Red Storm Rising – 5 Chinese Stocks Bucking the Trend
Youku.com Inc. (ADR) (NYSE: YOKU) is an Internet television company, allowing consumers to search, view and share video content quickly and easily across multiple devices. For the second quarter, Youku.com reported net revenue of $30.6 million, representing an increase of 178% over the same period in the previous year. The company’s net loss for the quarter was $4.3 million. Youku.com shares are up sharply in today’s trading. At last check, the stock was trading 18.97% higher at $17.02. The stock fell 27.67% in the last month. Renren Inc. (NYSE: RENN) is a social networking Internet platform in China, generating revenue…