Top 5 China Companies To Own For 2014: Sina Corporation(SINA)
SINA Corporation provides online media and mobile value-added services (MVAS) in the People?s Republic of China. It provides advertising, non-advertising, and free services through SINA.com, Weibo.com, and SINA Mobile. SINA.com offers free interest-based channels that provide region-focused format and content, including news, sports, automobile-related news, finance, entertainment, luxury, technology, digital, tools, collectibles, video, music, and wireless application protocol, as well as interactive platform for fashion-conscious users to share comments and ideas on a range of topics, such as health, cosmetics, and beauty. The company's microblogging platform, Weibo.com, enables its users to follow the hottest topics being discussed online, as well as discussions related to people they know. Weibo accounts consist of celebrities, commercial enterprises, government entities, and grass root Internet users. Its SINA Mobile service allows users to receive news and informatio n, download ring tones, mobile games and pictures, and participate in dating and friendship communities. The company also offers SINA Game, which serves as an interactive platform that provides users with downloads and gateway access to popular online games; SINA eReading, a shop for book reviews; SINA.net, an enterprise solutions platform to assist businesses and government bodies; and SINA Mall, an online shopping Website. In addition, it provides a platform for Chinese bloggers; photo-sharing platform; free email, VIP mail, and corporate email for enterprise users; audio and video-based instant messaging tools; proprietary search technology; and classified advertising services, as well as hosts topic-specific discussion forums in Chinese language; and creates user-maintained and supported online communities. The company has strategic cooperation agreement with China Unicom ! (Hong Kong) Limited. SINA Corporation was founded in 1997 and is headquartered in Shanghai, the Peo p le?s Republic of China.Advisors' Opinion:
- [By Jim Jubak]
That has led to announcements of upcoming offerings from other Chinese Internet companies. For example, Sina (SINA) has said its Weibo social media network subsidiary, has filed to list in New York. The initial $700 million figure for the IPO would value Weibo at $7 billion to $8 billion.
- [By Victor Selva]
There aren't many Internet portals that can pride themselves on successfully climbing the industry ladder in only a decade. But, NetEase Inc. ADR (NTES) is one of them. Ever since the Chinese gaming market exploded into a multi-billion dollar business, this online game operator has managed to reach its competitors SINA Corp. (SINA) and Sohu.com Inc. (SOHU), via an extensive brand portfolio of in-house and licensed games. Some of the core online games include Fantasy Westward Journey, Westward Journey Online II and Ghost II.
- [By Paul Ausick]
SINA Corp. (NASDAQ: SINA) closed the past two days down 6% at $72.51 on Thursday. The stock traded as high as $89 just two weeks ago, and the 52-week range is $45.54 to $92.83. Early volume was fairly heavy, with about one-sixth of the daily average of nearly 3 million shares already changing hands.
source from Top Stocks Blog:http://www.topstocksblog.com/top-5-china-companies-to-own-for-2014.html