Baidu.com, Inc. and Dangdang Inc. See Potential for Major Growth -- Only 40% of China Is Online
The Paragon Report Provides Stock Research on Baidu.com, Inc. and E Commerce China Dangdang Inc.
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 04/06/12 -- Chinese internet stocks impressive first quarter has stalled recently as there have been concerns about China's economic growth. Chinese Premier Wen Jiabao, in his annual state-of-the nation report, forecasted the growth rate for 2012 would be 7.5% down from last year's 9.2% growth rate. The Paragon Report examines the outlook for companies in China's Internet sector and provides investment research on Baidu.com, Inc. (NASDAQ: BIDU) and E Commerce China Dangdang Inc. (NYSE: DANG).
Access to the full company reports can be found at:
"China's Internet stocks, especially the bigger names like Sina and Baidu, still have lots of room for growth going forward," Agnes Deng, a Hong Kong-based portfolio manager stated in a recent Bloomberg interview. There are over 500 million Chinese users on the internet. The potential for growth in China is extreme; as it is estimated only 40% of China is online.
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on China's Internet Sector register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Baidu, Inc., the leading Chinese language Internet search provider, announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2011. Total revenues in the fourth quarter of 2011 were RMB4.474 billion ($710.9 million), an 82.5% increase from the corresponding period in 2010.
E-Commerce China Dangdang Inc., a leading business-to-consumer e-commerce company in China, announced that it formed a strategic alliance with Gome Online and launched a B2B2C e-commerce platform in Dangdang's marketplace focusing on electronics and computers products. Gome Online is the online retail of Gome Electrical Appliances Holding Ltd., a leading Chinese electronics retailing brand.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 06.04.2012 - 12:20 Uhr
Sprache: Deutsch
News-ID 132800
Anzahl Zeichen: 0
contact information:
Town:
NEW YORK, NY
Kategorie:
Investment Services & Trading
Diese Pressemitteilung wurde bisher 211 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Baidu.com, Inc. and Dangdang Inc. See Potential for Major Growth -- Only 40% of China Is Online"
steht unter der journalistisch-redaktionellen Verantwortung von
Paragon Financial Limited (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
