Will Tencent Dance with Ctrip?

There's an Internet rumor this morning that Chinese messaging and e-commerce giant Tencent will make a major investment in or buy travel operator Ctrip.com (CTRP). The rumor has the shares of Ctrip up sharply in premarket trading and close to 52-week highs.

The rumor comes a day after new Alibaba Group CEO Jonathan Lu gave an interview in the Wall Street Journal in which he said that the Group could go public at any time, and also that the Group would look to make acquisitions in the Chinese Internet space with its newly public stock currency....171 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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