Seeking Alpha
Profile|
( followers)  

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.


* View More China Sector Charts *

Data in table version -- click on a ticker for opinion and analysis of the company:

Price Volume
Ticker Company Change Change
BIDUBaidu.com, Inc.5.6%
35.4%
CTRPCtrip.com International Ltd.5.2%
23.4%
GIGMGigaMedia Ltd.-9.5%
-37.3%
GSOLGlobal Sources Ltd.3.6%
8.5%
JOBS51job Inc.-2.9%
20.1%
JRJCChina Finance Online Co. Ltd.0.0%
-35.9%
LONGeLong Inc.-1.9%
-29.4%
NCTYThe9 Ltd.4.2%
-29.6%
NTESNetease.com Inc.0.1%
-22.0%
SINASina Corp.-8.6%
158.3%
SNDAShanda Interactive Entertainment Ltd.-0.7%
40.0%
SOHUSohu.com Inc.-8.4%
52.5%

Data: Capital IQ

Related:

  1. Most recent opinion and analysis of China stocks
  2. Full transcripts of recent conference calls in the China sector
  3. Add the China Stock Blog to your My Yahoo! page
  4. Aside: Did you know that Seeking Alpha now publishes a one-page recap of Jim Cramer's Mad Money TV show, Lightning Round, Radio program and Stop Trading?

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