Agree with David Oliver. His point is that these companies are going to be volatile, which they are and will be.
China game companies are now highly speculative, and the gaming topic alone is not worth long term investing. Short term I am bearish on shanda, neutral on ncty, bullish on netease. Netease is not without severe problem either. If they cannot succeed in search business, they are not worth investing.
US Market Volatility a Boon to Chinese Stocks [View article]
China's Volatile Gaming Industry [View article]
China game companies are now highly speculative, and the gaming topic alone is not worth long term investing. Short term I am bearish on shanda, neutral on ncty, bullish on netease. Netease is not without severe problem either. If they cannot succeed in search business, they are not worth investing.