SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Greater China Stocks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Julius Wong who wrote (7468)4/14/2011 9:07:42 PM
From: FR1  Read Replies (1) of 8334
 
Julius,

Regarding QIHU, the media always misleads the public. There is a value where the IPO stock is "Priced" but unless you have an account with the underwriter you will not get to buy at that price. When it actually hits the "aftermarket" where average people like you and me buy the stock it is way up. In this case it opened in the very high 20's and closed around $34. So it did close higher than its opening price but it was more like 15% or so.

IMHO, most of the Chinese internet stocks follow the same pattern. They IPO and then within a few days or a week the investors and the company sell the living hell out of the stock and it drops dramatically. After that you see if the stock is worth owning. The good and highly desired stocks bounce back up strongly after the sell off and the weak ones do not. DANG and YOKU are classic examples. Plot them for the last 3 months and you will see. YOKU is a winner and DANG is a loser.

QIHU has just had its big sell off after the IPO and it did bounce up strongly in the last few days indicating that this one might be good keeper going forward.

Banks and Financials:
I have a question for you. In the USA, in normal times, our bank stocks go up a little bit each year and you get a good dividend that is very dependable. BAC, for example, used to sell at $50/share and have a $0.50/quarter dividend. We will probably eventually get back to that situation once the healing is done. The question is: do Chinese banks have a similar desire? In other words is their model that they want to have moderate growth with high dependable dividends?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News