China internet names making new lows
A few names seeing notable weakness: WBAI -6.4% (500.Com proposes offerings of Convertible Senior Notes and ADSs; 500.Com files for $120 mln offering of convertible senior notes; also files for for $360 mln offering of American Depositary Shares representing Class A ordinary shares), WUBA -5.3%, YOKU -5.3% (pulling back from Tencent stake speculation), QIHU -4.6%, BIDU -4%, SINA -3.8%, YY -3.7%, NTES -3.6%, VNET -3.5%, DATE -2.7%, CYOU -2.4%, DANG -2.2%, VIPS -1%, SOHU -0.5%