Perfect World IPO

I read this from Netease: Perfect World, a Chinese online game co., will debut in Nasdaq under ticker symbol PWRD tomorrow July 27.

Here is the prospectus from SEC. The company was not profitable in 2005, and 2006, but it turned corner in Q1 2007. It seems other Chinese online game companies are also coming because the market started to warm up to SNDA, NCTY etc, and the craziness of Wii.

I’m not a gamer, and I’m packing for back to home trip. So I will leave the analysis to experts.

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