Viral Video: Some Hong Kong Action

BoomTown was out last week on a trip to Hong Kong with Walt Mossberg to scope out a possible D: All Things Digital event, focused on Asia, for this coming fall. Obviously, Asia, including China, India, Singapore, Japan and Korea, is a key market for tech moving forward for U.S. Web firms, as well as a force for global innovation. But first, some kung-fu action.

Chinese Action–the Virtual Kind–in U.S. Stocks

Sohu.com, one of China’s largest Internet companies, hopes U.S. investors like its hack-and-slash videogames enough to give it as much as $120 million. The Beijing-based company filed this week for an initial public offering of American depositary shares for its online game subsidiary, Changyou.com, on the Nasdaq Stock Market. The company started its road show presentations for investors in Hong Kong Wednesday, and will issue the price of the deal in the coming week, said company executives.