Last year, the high-flying debuts of companies like E-Commerce ChinaDangdang and Youku.com on U.S. exchanges were a signal of how hot the market for Chinese stocks had become.
The former, E-Commerce ChinaDangdang, jumped 87% and the latter, Youku.com, spiked 161% in the best first-day surge since Baidu.com jumped 354% in August 2005, according to Dow Jones Newswires.