{"id":1437,"date":"2009-04-14T14:32:30","date_gmt":"2009-04-14T19:32:30","guid":{"rendered":"http:\/\/selfinvestors.com\/tradingstocks\/ipos\/changyoucom-cyou-china-ipo-a-return-to-glory-days\/"},"modified":"2009-04-14T14:32:30","modified_gmt":"2009-04-14T19:32:30","slug":"changyoucom-cyou-china-ipo-a-return-to-glory-days","status":"publish","type":"post","link":"https:\/\/selfinvestors.com\/tradingstocks\/ipos\/changyoucom-cyou-china-ipo-a-return-to-glory-days\/","title":{"rendered":"Changyou.com (CYOU) China IPO A Return to Glory Days"},"content":{"rendered":"<p>A couple weeks ago I highlighted the <a href=\"http:\/\/selfinvestors.com\/tradingstocks\/ipos\/china-ipo-nivs-intellimedia-niv\/\" target=\"_blank\">NIVS Intellimedia (NIV) IPO<\/a> which brought back memories of the high ,flyin China IPO days of a couple years ago.&nbsp; Considering the IPO market has been absolutely dead over the past year it was good to see a fast growing company come to market.&nbsp; I still think that NIVS Intellimedia will take off any day now, particularly with the amount of momentum the China plays have been seeing so pay attention to it.<\/p>\n<p><a href=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2009\/04\/changyoucom-cyou-ipo.jpg\"><img loading=\"lazy\" decoding=\"async\" style=\"border-top-width: 0px; border-left-width: 0px; border-bottom-width: 0px; margin: 5px 15px 0px 0px; border-right-width: 0px\" height=\"65\" alt=\"changyou.com cyou ipo\" src=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2009\/04\/changyoucom-cyou-ipo-thumb.jpg\" width=\"119\" align=\"left\" border=\"0\"><\/a> While I was on vacation another China IPO hit the market &#8211; ChangYou.com (CYOU) which was a spinoff from Sohu (SOHU).&nbsp; The developer of multi user role playing video games priced at $14 &#8211; $16\/share on April 2nd and has been off to the races ever since, nearly doubling.&nbsp; No way I&#8217;d be chasing this especially in this overbought market, but like NIVS Intellimedia it&#8217;s another one to put on your IPO radar.<\/p>\n<p>The company really took off last year posting record revenues of about $200 million (a big pop after reporting revenues of $42 million in 2007), primarily from its martial arts game Tian Long Ba Bu which launched in May of 2007 and is the 3rd most popular online game in China.&nbsp; The game is free but users must purchase a pre-paid game card used to upgrade characters by buying new weapons and other virtual goods.<\/p>\n<p>Despite the massive growth of ChangYou.com, this is one IPO that carries considerable risk with 94% of its revenues coming from one game.&nbsp; That being said, the growth is massive and any pull backs from lofty levels may offer a decent trading opportunity.&nbsp; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A couple weeks ago I highlighted the NIVS Intellimedia (NIV) IPO which brought back memories of the high ,flyin China IPO days of a couple years ago.&nbsp; Considering the IPO market has been absolutely dead over the past year it was good to see a fast growing company come to market.&nbsp; I still think that &hellip; <a href=\"https:\/\/selfinvestors.com\/tradingstocks\/ipos\/changyoucom-cyou-china-ipo-a-return-to-glory-days\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Changyou.com (CYOU) China IPO A Return to Glory Days<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-1437","post","type-post","status-publish","format-standard","hentry","category-ipos"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/1437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/comments?post=1437"}],"version-history":[{"count":0,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/1437\/revisions"}],"wp:attachment":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/media?parent=1437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/categories?post=1437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/tags?post=1437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}