China Stocks Sector Close-Up on Baidu, Inc.(NasdaqGS: BIDU),Sina Corporation (NasdaqGS: SINA),Sohu.com Inc.(NasdaqGS: SOHU)
POINT ROBERTS, Wash., Delta B.C., April 9, 2009 – China-AsiaStocks.com, an investor and industry portal in the China-Asia sector within Investorideas.com, presents a sector close-up on China stocks for mid –day trading April 9,2009.
Baidu, Inc.(NasdaqGS: BIDU) had gains of $ 7.30 (4.00%) 11:54am ET
Sina Corporation (NasdaqGS: SINA) was up $1.12 (4.40%) 11:53AM ET
Sohu.com Inc.(NasdaqGS: SOHU) was trading at $ 47.7, up $1.71 (3.71%) 11:54am ET
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Baidu, Inc.(NasdaqGS: BIDU) Baidu, Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information. In addition to serving individual Internet search users, Baidu provides an effective platform for businesses to reach potential customers. Baidu's ADSs, each of which represents one Class A ordinary share, currently trade on the NASDAQ Global Select Market under the symbol "BIDU."
Sina Corporation (NasdaqGS: SINA) is a leading online media company and mobile value-added service provider for China and for the global Chinese communities. With a branded network of localized websites targeting Greater China and overseas Chinese, the Company provides services through five major business lines including SINA.com (online news and content), SINA Mobile (MVAS), SINA Community (Web 2.0-based services and games), SINA.net (search and enterprise services) and SINA E-Commerce (online shopping). Together these business lines provide an array of services, including region-focused online portals, MVAS, social networking service (SNS), blog, audio and video streaming, album, online games, email, search, classified listings, fee-based services, e-commerce and enterprise e-solutions. The Company generates the majority of its revenues from online advertising and MVAS offerings, and, to a lesser extent, from search and other fee-based services.
Sohu.com Inc.(NasdaqGS: SOHU) is China's premier online brand and indispensable to the daily life of millions of Chinese, providing a network of web properties and community based/web 2.0 products which offer the vast Sohu user community a broad array of choices regarding information, entertainment and communication. Sohu has built one of the most comprehensive matrices of Chinese language web properties and proprietary search engines, consisting of the mass portal and leading online media destination http://www.sohu.com ; interactive search engine http://www.sogou.com ; #1 online alumni club http://www.chinaren.com ; #1 games information portal http://www.17173.com ; the top real estate website http://www.focus.cn ; wireless value-added services provider http://www.goodfeel.com.cn ; and leading online mapping service provider http://www.go2map.com
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