internet - Baidu fuels new bubble

Baidu's shares went up 450 percent in value after its IPO in the US, write all media. The jump says more about the US market, where investors did not want to lose another 'google' IPO, says the unlinkable Wall Street Journal. The success came as a surprise to even the most optimistic analysts.
The rumor that Google was trying to buy into Baidu triggered off the buying mood. The company will have to realize the expectations in China, and that might still be a little bit tougher.