At least six China internet firms will tap overseas markets this year to raise between US$500 million and US$1 billion in initial public offerings, the South China Morning Post reported, citing an industry research report. China's largest online marketplace Alibaba.com, mobile music service provider A8 Limited and online community service provider China Interactive Corp are among those seeking listings this year. Hu Yan-ping, director of the communication and development centre at the Internet Society of China said the internet companies could raise between US$100 million and US$200 million each on the US Nasdaq. Hong Kong investors seemed to have no interest in China's internet stocks, he added. It is much better to list on the Nasdaq where the market reflects the potential valuation of those firms."