Greenberg: Chinese Internet Stocks to Watch Next Week

After fading from the limelight since their public offerings last month, expect to see YouKu (China’s YouTube) and e-commerce site China DangDang (China’s Amazon) back in the news next week.

With the 40-day post-deal quiet period for both ending on Sunday, analysts at their investment banking firms are likely to roll out reports, including valuations, on Tuesday. (The markets are closed Monday for Martin Luther King Day.)

Whatever those analysts say is likely to be critical going forward for the valuations of these companies.

“Right now these companies are being valued by investors,” says Paul Bard, research director of Renaissance Capital , which focuses on IPOs.

They’re also likely to set the stage for valuations of other China deals in the wings. Among them: Tudou Holdings, a YouKu competitor, which in November filed to go public.

Based on history, the betting will be on positive comments.

One notable exception: The 2005 IPO of Baidu , the Google of China.

At the end of its quiet period, co-bankers Goldman Sachs and Piper Jaffray issued a joint statement with an “underperform” rating on the stock.

At first it was a brilliant call. Within months, Baidu itself lowered guidance, crushing its stock, which tumbled from $12 to below $6.

Kicker: It’s now $106.

Questions? Comments? Write to HerbOnTheStreet@cnbc.com

Follow Herb on Twitter:@herbgreenberg