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Chinese Internet stocks are selling off, as Youku.com's (YOKU -19%) weak Q3 report (I, II)...

  • Thursday, November 17, 2011, 11:37 AM ET
    Chinese Internet stocks are selling off, as Youku.com's (YOKU -19%) weak Q3 report (I, II) offsets better reports (I, II) from NetEase.com (NTES +5%) and Qihoo 360 (QIHU +0.2%). BIDU -3.1%. SINA -3.3%. RENN -3.5%. TUDO -5.4%. SOHU -2.2%. PWRD -5%. GA -2.2%.
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    The PEs of CYOU and PWDR are in the neighborhood of 4. It is very inexpensive with these highly profitable smaller gaming firms.
    18 Nov 2011, 06:36 PM Reply Like
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