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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (188)	8/8/2003 12:54:23 AM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

FEATURE-China's Internet survivors hit new heights Reuters, 08.07.03, 9:46 PM ET By Juliana Liu BEIJING, Aug 8 (Reuters) - Daniel Chiang, a survivor of China's Internet bust, is no longer embarrassed to go out. In fact, the 45-year-old chairman of China's biggest listed Internet media firm, Sina.com Corp (nasdaq: SINA - news - people), says he quite enjoys meeting his investors now the company's share price has risen 19-fold over the last year. But the Taiwan-born basketball enthusiast says he used to feel uncomfortable, especially when Sina stock flirted with the $1 level in 2001 after the tech bubble burst. "Sometimes they would say, 'Oh Dan, I bought so many Sina shares,'" says Chiang whose own shares are now worth about $66 million compared with just $3.5 million a year ago. "I felt embarrassed and bad because they all lost money back then." forbes.com