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The Facebook Of China

Tuesday, 20 Mar 2012 | 7:07 PM ET

As Facebook prepares to go public investors are looking to get in on the action by investing in other social media stocks.

Renren known as the Facebook of China has seen quite a pop, up 50% year to date. But if Mark Zuckerberg’s Facebook can tap into China, the world’s biggest internet market, does Renren stand a chance?

Don’t make a move until you check out Melissa Lee's exclusive conversation with Renren Chairman And Chief Executive Officer Joesph Chen.

Watch the video now!

Trading Renren: The Facebook of China
Renren, known as the Facebook of China, has seen a 50% pop year-to-date. Joseph Chen, Renren CEO, says Facebook's IPO will boost social media investments overall.






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Trader disclosure: On March20, 2012 , the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Tim Seymour is long BAC; Tim Seymour is long INTC; Tim Seymour is long CSCO; Tim Seymour is long YHOO; Tim Seymour is long FCX; Tim Seymour is long GFI; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long AGU; Guy Adami is long MSFT; Guy Adami is long NUZ; Guy Adami is long BTU; Brian Kelly is long SMH; Brian Kelly is long QQQ CALLS; Brian Kelly is long SPY CALLS; Brian Kelly is long IWM CALLS; Brian Kelly is long KRE; Brian Kelly is long SPY; Brian Kelly is long IWM; Brian Kelly is long USG; Brian Kelly is long IYR; Brian Kelly is long ITB; Brian Kelly is long US DOLLAR; Brian Kelly is short AUSSIE $; Brian Kelly is short YEN; Brian Kelly is short NEW ZEALAND $; Steve Grasso is long FRO; Steve Grasso is long ANR


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