Digitalhongkong.com, the Hong Kong-based internet unit of Champion Technology Holdings,áárose 13.5% to HK$0.56. ThatÆs down from than 50% from its initial public offering price of HK$1.20 earlier this year. Netalone.com, a Hong Kong-based company that provides software to enable e-commerce, rose 10.4% to HK$0.72.
Declining stocks were led by Singapore-based Pacific Internet, an internet service provider. The company Wednesday reported a pro forma net loss of $1.6 million or $0.12 a share in the second quarter.
Singapore-based sporting goods retailer eWorldofsports.com fell 7.3% to S$0.25, after United Overseas Bank was forced to apologize to the Singapore Stock Exchange for its handling of eWorldofsports stock exchange listing. The exchange said the bank provided ômisleadingö information about public demand for the companyÆs stock.
36.com, a Hong Kong-based provider of Chinese language news and information, fell 8% to HK$0.152. On Monday, the company said it lost HK$12.71 million, or HK$0.00588 a share in the second quarter, compared with a loss of HK$55,000, or HK$0.00003 a share in the comparable quarter a year ago.
To account for NASDAQáand NYSE traded stocks, the Facix is calculated the following day, Hong Kong time.áThe Facix is an index of 57 Asian "pure-play" or "intimately pure-play" internet stocks created and maintained by FinanceAsia.
The base currency for the Facix is the US dollar. Its value was set to 1,000 on January 3, 2000, the first trading day of the millennium. The list of constituent stocks is available at http://www.financeasia.com
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