China - The Next Great Stock Market ? Message Board

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Strategies & Market Trends : China - The Next Great Stock Market ?

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To: GREGG M. AKIN who started this subject	11/20/2002 6:02:22 PM
From: Julius Wong	Read Replies (2) of 140

Netease, a Chinese Dot-com, Is Nasdaq's No. 1 Stock This Year Beijing, Nov. 21 (Bloomberg) -- This year's best-performing stock on the Nasdaq Composite Index faced de-listing twice in 12 months and had less than $10 million in third-quarter sales. Now Netease.com Inc. has a $277 million market value, more than United Airlines' parent, UAL Corp. quote.bloomberg.com Shares of Beijing-based Netease surged 14-fold this year, more than any of the 3,637 companies on the Nasdaq, Bloomberg data shows. Like Beijing-based rivals Sohu.com and Sina.com, Netease earns a fee each time one of China's 196 million mobile phone users uses its Web site to download pictures, soccer scores or news to handsets.

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