Friday, September 23, 2011

BeaconEquity.com: Red Storm Rising – 5 Chinese Stocks Bucking the Trend

Youku.com Inc. (ADR) (NYSE: YOKU) is an Internet television company, allowing consumers to search, view and share video content quickly and easily across multiple devices.

For the second quarter, Youku.com reported net revenue of $30.6 million, representing an increase of 178% over the same period in the previous year. The company’s net loss for the quarter was $4.3 million.

Youku.com shares are up sharply in today’s trading. At last check, the stock was trading 18.97% higher at $17.02. The stock fell 27.67% in the last month.

Renren Inc. (NYSE: RENN) is a social networking Internet platform in China, generating revenue from online advertising and Internet value-added services.

For the second quarter, the company reported total revenue of $30.4 million, representing an increase of 53.2% over the same period in the previous year. The company posted net income of $0.8 million for the quarter.

Renren shares are up sharply in today’s trading. At last check, the stock was trading 4.58% higher at $5.25. The stock fell 26.16% in the last month.

SINA Corp. (NASDAQ: SINA) is an online media company, providing services through five business lines: SINA.com, SINA Mobile, SINA Community, SINA E-Commerce and SINA.net.

SINA released its second-quarter financial results last month. The company reported revenue of $119 million, representing an increase of 20% over the same period in the previous year. The company’s net income for the second quarter was $10 million.

SINA shares are soaring in trading today. At last check, the stock was trading 3.90% higher at $85.01. The stock is down 9.8% in the last one month.

E-Commerce China Dangdang Inc. (ADR) (NYSE: DANG) is a business-to-consumer e-commerce company.

China Dangdang reported its second-quarter financial results last month. The company reported net revenue of $122.3 million, representing an increase of 53.3% over the same period in the previous year.

China Dangdang shares are up 10.76% to $5.41 in today’s trading. In the last month, the stock fell 25.93%.

Tudou Holding Ltd. (ADR) (NASDAQ: TUDO) is an online video company, providing a robust online platform for Chinese Internet users to upload, watch and share videos.

Tudou shares are up 1.60% to $17.19 in today’s trading. The stock is down 21.74% in the last month.

About QualityStocks:

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net

No comments: