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Technology Stocks : Baidu (BIDU) -- Ignore unavailable to you. Want to Upgrade?

To: manalagi who wrote (1525)	5/16/2011 11:09:54 PM
From: manalagi	Respond to of 2098

China’s Internet Population Powers Ahead of US, Hits 477 Million May. 16 2011 - 5:25 pm \| 1,609 views \| 0 recommendations \| 0 comments By KENNETH RAPOZA China’s internet population is pulling farther ahead of the US and there isn’t any looking back, either, on this on. China’s internet population hit 477 million users in March, according to China Daily. The newspaper’s website sourced Wang Jianwen, deputy head of the Telecommunications Administration Bureau, who gave the figures while addressing a meeting in Beijing. The number of websites registered with the authorities rose to 3.82 million from 3.3 million in February, according to the China Internet Network Information Center. Last year, China had 420 million internet users, far surprassing the 239.2 million internet users in the US registered on line in 2010. Around 78% of the US population has at least a home based email account. In China, internet penetration is under 40%, but still greater than countries like Brazil and Mexico. Peter Newell, an advisor at Vontobel Asset Management in New York, which has over $10 billion in emerging markets, says that when it comes to China, investors are better off buying stocks of companies that are focused on domestic growth. “We don’t want to predict the future price of iron ore or commodities demand. We think it is easier to figure out how many people will be online,” he says, saying internet search engine Baidu is one of their top buys. blogs.forbes.com

To: manalagi who wrote (1525)	5/17/2011 9:05:13 PM
From: Sr K	Read Replies (1) \| Respond to of 2098

Baidu, Tencent Best Bets to Ride China Internet Boom, CLSA Says By Bloomberg News May 18 (Bloomberg) -- Baidu Inc., Tencent Holdings Ltd., and Sina Corp. offer the best returns for investors seeking to profit from growth in China’s Internet market as consumers increase online spending, according to brokerage CLSA Ltd. China’s online commerce transactions will almost double in value to 904 billion yuan ($139 billion) next year, from 463 billion in 2010, according to a presentation by Elinor Leung, CLSA’s head of Asia telecommunications and Internet research. The brokerage topped Institutional Investor magazine’s latest annual poll for Asian equity strategy. “E-commerce is shooting up,” Leung, who is scheduled to speak in a briefing today in Beijing, said in the presentation. “Online advertising is the best way to play China’s e-commerce boom.” noir.bloomberg.com