Chart: US-Traded Chinese Internet Stocks - Week Over Week Price & Volume Breakouts

by: Robert Zenilman

Rob Zenilman submits: Last week’s price movement in the Chinese Internet sector ranged from +5.6% (NASDAQ:BIDU) to -9.5% (NASDAQ:GIGM). SINA & SOHU led week over week volume increases at 158.3% & 52.5%, respectively.

A new 52 week high was made by CTRP ($56.50).

Key developments that drove individual stocks:

● On July 7th, Sina (NASDAQ:SINA) disclosed that it anticipates a "significant, negative impact" from China Mobile Communication Corp.'s (one of the Sina's mobile operators) recent policy changes.

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Data in table version -- click on a ticker for opinion and analysis of the company:
Price Volume
Ticker Company Change Change
BIDU, Inc. 5.6%
CTRP International Ltd. 5.2%
GIGM GigaMedia Ltd. -9.5%
GSOL Global Sources Ltd. 3.6%
JOBS 51job Inc. -2.9%
JRJC China Finance Online Co. Ltd. 0.0%
LONG eLong Inc. -1.9%
NCTY The9 Ltd. 4.2%
NTES Inc. 0.1%
SINA Sina Corp. -8.6%
SNDA Shanda Interactive Entertainment Ltd. -0.7%
SOHU Inc. -8.4%
Click to enlarge

Data: Capital IQ


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