June 23, 2014 (Chinavestor) Two Chinese stocks left all others in the dust today. Baidu Inc. (NASDAQ:BIDU) and 500.com Ltd. (NYSE:WBAI). While BIDU and WBAI surged more than two dollars each, all other major China stocks rose less than buck.
June 20, 2014 (Chinavestor) China's search engine giant Baidu Inc. (NASDAQ:BIDU) fell the hardest among major Chinese listings for two days in a row. The first chart reflects how BIDU performed on Thursday. BIDU fell $2.29, the most among major US listed Chinese stocks. BIDU was followed closely by 58.com Inc. (NYSE:WUBA). All other Chinese listings fell less than two dollars for the day.
June 17, 2014 (Chinavestor) Mobile Valued Added Services (MVAS market) in China. The mobile valued added service market is about $4.8 billion in China; however the market year-on-year growth was a mere 1.5% 2013. In addition, the government regulation policy changed once again, increasing complexity within the industry. Last time government regulation of the telecom industry resulted in a significant shrink of the MVAS market. The decline in Sina Corp. (NASDAQ:SINA) MVAS revenue was significant, decreasing from $119 million 2009 to only $69 million 5 years later. MVAS used to play a significant role in Sina’s revenue boasting a hefty 52% gross margin in 2009. But that number has steadily eroded to 39% in 2013.
June 13, 2014 (Chinavestor) Chinese energy stock advanced on Thursday as turmoil increased in Iraq. The Brent crude surged $114 this morning, lifting sentiment for oil producers. CNOOC Ltd. (NYSE:CEO), China's offshore oil specialist, advanced $1.9 to $175.01 followed closely by Sinopec (NYSE:SNP). Petrochina (NYSE:PTR) did not budge but is expected to catch up with the rest of the industry on Friday.
June 12, 2014 (Chinavestor) Analysts have to endure frustration when it comes to looking at SINA’s financial statements. There is inconsistency in between 2012 and 2013. Such as, Sina Corp. (NASDAQ:SINA) did not record any revenue generated by Weibo until 2013 last quarter. The same information is omitted from the annual statement, and then the new annual statement structure is different compared to previous years. Nevertheless it is worth the effort because information gained is second to none. Here are some of the most important findings.