Goldman and Mirae Asset think a Chinese government plan to eliminate advertising during the...

|By:, SA News Editor
Goldman and Mirae Asset think a Chinese government plan to eliminate advertising during the airing of TV dramas is a positive for online video providers such as Youku.com (YOKU +6.9%) and Tudou (TUDO +2.7%). Mirae believes at least 15%-20% of the RMB 20B in ad revenue that will be lost due to this mandate will flow to online video providers.