Chinese Internet Stocks Bid Higher on Youko (YOKU), Tudou (TUDO) Deal

March 12, 2012 9:30 AM EDT
Small-cap China-based Internet stocks are flying this morning after the merger between Youko (Nasdaq: YOKU) and Tudou Holdings (Nasdaq: TUDO), which has both sharply higher

Around the sector:
Renren (NYSE: RENN): up 8%
E-Commerce China (Nasdaq: DANG): up 5%
Sina Corporation (Nasdaq: SINA): up 4%
Sohu.com Inc. (Nasdaq: SOHU): up 4%


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