Continuing weakness out of Europe, a wave of sovereign credit downgrades and an early reading on the weak Chinese manufacturing PMI index spooked the global markets last week. Where do we go from here?
The person who knows most about the core business of Shanda Interactive think it is temptingly priced at these levels, but the news is not giving other Chinese Web stocks a lift.
Chinese companies with U.S. equity listings saw their shares plummet Thursday on news a federal criminal probe has been opened into allegations of accounting irregularities at many China-based companies.
The cost of bringing cutting-edge Internet games to Chinese consumers is hurting earnings for Sohu and its rivals, whose stocks are being punished today.
The bickering between Chinese Web giants might have just gotten nasty as Baidu plants a flag squarely in Shanda’s home turf.
The MSCI China Internet index seems to have bottomed out and is now back up over 11% in the last few weeks. What does this tell us about allocation and risk?
Yahoo is testing the $16 level again this afternoon as even once-bullish analysts acknowledge that digging its way out of its dispute with Alibaba is going to be tough.
Goldman Sachs cut SINA to “sell” yesterday and triggered a near-7% retreat, but does this mean the emerging online story is done?
The entire Chinese Web space has had a big run, which brings it to our attention on this week’s installment of Trading the Globe.