Chinese government strikes again!

 |  Includes: NTES, SINA, SOHU
by: Ezra Marbach

Sina (ticker: SINA) forecast a dramatic revenue decline for Q1 2005 due to the Chinese government's new ban on television and radio advertising for the company's "fortune-telling" messaging services, and billing changes from China Mobile (ticker: CHL). Sina predicted  its revenues  from mobile value-added services, its biggest single source of revenue, would fall by as much as 24.4% from Q4.