China and the internet

How easy is it to make money on internet stocks from China?

If the trading pattern of Chinese search engine Baidu is anything to go by, investors clearly think you would have to be brain dead not to make money on China's internet related stocks. During its first day trading on the Nasdaq on Friday August 5, the stock leapt a record 354% from its issue price to a lofty 2,000 times forward earnings.

For investors it was clearly a simple decision. Just look at the facts and figures. There were 80 million internet users in 2003 penetration rates are rising rapidly on the back or rising incomes, and government support across the spectrum of Internet and tech affairs. That support extends to...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222