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Microcap & Penny Stocks : GTCI - get in before the news hits
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To: Yongzhi Yang who wrote (507)2/12/1999 8:32:00 AM
From: blessed  Read Replies (1) of 1541
 
Morning Yongzhi,

Something investors may find interesting:

This article is from the South China Morning Post. The link to viewing it online is: scmp.com

Tuesday February 9 1999

Mainland PC sales leap 60pc

Sales of personal computers for home users in the mainland grew more than 60 per cent last year compared with 1997, with more than 1.2 million units sold, according to market researcher Advanced Forecasting-HuiCong (AFHC).

Mainland manufacturer Legend was the biggest vendor, followed by IBM and Compaq, showing that opportunities for foreign firms were increasing, according to a Newsbytes report.

Branded PCs are replacing "no-name" models that were popular among mainland home consumers two years ago, a trend that seemed to indicate price no longer was the primary consideration.

Many consumers would delay purchases in hopes of getting a more powerful system for less money - a trend that had placed constraints on the market - but the mainland market was wide open for international PC vendors, AFHC said.

For those interested in finding out what is really taking place in China, you might consider bookmarking the link, and reading it daily. The technologies section and the business section, are often very informative. There are frequent articles on the privatization of the market place as well.

Luck to all,

Blessed

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