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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Clappy who wrote (56181)	11/15/2002 12:56:37 PM
From: stockman_scott	Read Replies (1) of 65232

China Rally The "China-theme" is in play again. As Briefing.com has pointed out numerous times over the past six weeks, Chinese portal stocks such as SINA.com (SINA +9%), Netease.com (NTES +6.5%), Sohu.com (SOHU +24%), China.com (CHINA +6.8%) have been experiencing major price breakouts. Traders now positioning in even more speculative Asia-theme plays such as AsiaInfo (ASIA +29%), Qiao Xing Universal Telephone (XING +50%), and Taiwanese broadband provider GigaMedia (GIGM +27%). Large-cap name China Unicom (CHU +4%), market-cap $9.4 bln, also getting some play today. Experiencing a minor uptick is China Telecom (CHA +18.21 +0.25), which came to market this week in an IPO priced at $18.98 per share.

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