Rovio, developer of the gaming application Angry Birds, reportedly plans to launch IPO in Hong Kong in 2013.

Liu Chuanzhi, Lenovo Group's founder and chairman, is moving aside for CEO Yang Yuanqing to assume the dual role of chairman and CEO.

Tudou means potato in Mandarin Chinese, and online video website Tudou.com's market debut today showed the company was more of a couch potato as it lazily watched its overvalued aspirations sink on the first day of trading.

Chinese online video website Tudou.com has updated its filings with the U.S. Securities and Exchange Commission for a planned initial public offering this week.

China-based Xunlei Limited, a digital media content platform, announced it plans to sell 7.6 million American Depositary Shares in its initial public offering on Nasdaq.

Chinese Internet social networking platform Renren Inc. announced its unaudited financial results for the first quarter ended March 31, 2011, and the company says it's not losing as much money as before.

Amid a thunderous drop in Chinese companies' market capitalization in recent weeks, Tudou.com has filed an amendment to its filing for an initial public offering in the United States to raise money for its online video operations in China.

In China all media is social, so Chinese Internet social media and social networking website Renren.com's initial public offering planned in a few hours should be smooth sailing. However, the departure of a company director over the weekend and recent inconsistencies in its statistics have caused concern for investors.

Chinese online news and video media service Phoenix New Media Limited filed its F-1 statement with the United States Securities and Exchange Commission in a bid to raise up to USD200 million in an initial public offering.

Chinese social networking site Renren.com filed plans to sell up to nearly USD675 million worth of shares in an initial public offering in the United States this year.

Chinese Internet community website Tianya.cn has announced that it completed a buy-back of a stake previous held by Google, which invested in Tianya.cn in 2007, and the company now plans to start expanding into the overseas markets by opening offices in Singapore and the U.S. in the first half of 2011.

According to a document submitted by Qihoo 360 to the U.S. supervision organization, the Chinese Internet security company plans to launch its initial public offering in New York Stock Exchange, with the share code of QIHU.

Chinese B2C e-commerce website Dangdang.com has announced that it will continue to follow a low-price strategy for its users and has invested CNY40 million to launch promotional activities, covering books, digital products, cosmetics, and maternal and baby products.

Youku.com and Tudou.com, along with about a dozen competitors, are known as the Chinese versions of YouTube. But beyond the common ability for users to upload videos to Youku.com, Tudou.com, and YouTube, the Chinese and Western business models face different futures.

Amidst a shuffle of blog posts and news reports in China, rumors are forming that Chinese e-commerce company Dangdang.com is planning an initial public offering on Nasdaq sometime in the next few weeks.