Stock market fall claims two IPOs but Tudou steams ahead

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Stock market fall claims two IPOs but Tudou steams ahead

Loyalty Alliance Enterprise and Cathay Industrial Biotech both fell victim to falling stock prices this week, postponing their planned US IPOs. But another Chinese issuer was more fortunate. Tudou Holdings, the Chinese online video website, had already covered its books on Tuesday and the deal was still going strong near the end of the week.

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