A week in China tech
- Sina Corp. named Wang Yan chief executive and director, succeeding Daniel Mao, who is stepping down. Mr. Yan founded Sina's predecessor, the Internet division of Beijing Stone Rich Sight in 1996 and over the years has helped transform the company from a software firm into an Internet portal in China.
- Chinese portals have seen marked gains in their stocks in the past two months. Most notably, Sina, Sohu and Netease shares have all jumped by at least 100% in the period. Besides having the tailwind of an Internet renaissance in the United States, the trio is being seen as a beneficiary...