Chinese technology stocks are exciting for emerging market investors. Just like American tech companies it’s hard to know who will succeed. Here are five technology stocks that investors should keep an eye on.
So the Facebook IPO is wobbling a little — not really the thunder the market needed — and traders are looking for the aftershocks. We’re leading off with emerging markets stocks with exposure to the social media theme on tonight’s Trading the Globe (7:30 ET, CNBC).
Blizzard Entertainment (ATVI, quote) and NetEase.com (NTES, quote) have put millions of socially awkward Chinese at ease by announcing March 20 that World of Warcraft will continue to operate in mainland China. The new license will continue for three more years, keeping players in their bedrooms and analysts comfortable with the stock.
Futures markets and currencies are welcoming news on Sunday of approval for further austerity measures in the Greek parliament. The news could support the markets but earnings will still dominate over the next week.
Chinese Web company NetEase (NTES, quote) has partnered with Ping An Insurance (PNGAY, quote), China Pacific Insurance and others to launch Baoxian, an auto insurance comparison platform. The new portal adds a potentially lucrative purchase path for consumers in the fast-growing Chinese insurance market.