Here’s Why Chinese Tech Stocks Crashed (转载)# Stock
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【 以下文字转载自 Military 讨论区 】
发信人: liai (科学家), 信区: Military
标 题: Here’s Why Chinese Tech Stocks Crashed
发信站: BBS 未名空间站 (Mon Nov 21 17:54:29 2011, 美东)
Here’s Why Chinese Tech Stocks Crashed
By Wall St. Cheat Sheet
Focus Media Holding Ltd. (NASDAQ:FMCN) is down over 45% after short selling
firm Muddy Waters made new allegations the company is engaging in fraud.
Throw in a broad-based market selloff, and Chinese tech stocks paid an
especially high price.
Here’s how Chines tech stocks are trading on the news:
* Focus Media Holding Ltd. (NASDAQ:FMCN): FMCN shares recently traded at
$15.60, down $9.9, or 38.82%. Its market capitalization is $2.12 billion.
They have traded in a 52-week range of $8.79 to $37.58. Volume today was 73,
209,849 shares versus a 3-month average volume of 3,487,170 shares. The
company’s trailing P/E is 9.96, while trailing earnings are $1.57 per share
. About the company: Focus Media Holding Limited operates an out-of-home
advertising network in China. The Company uses audiovisual television
displays which are placed primarily in high-traffic areas of commercial
office buildings such as in lobbies and near elevators, as well as in large
retail chain stores and other venues. Get the most recent company news and
stock data here >>
* Youku.com Inc. (NYSE:YOKU): YOKU shares recently traded at $14.59,
down $2.04, or 12.27%. Its market capitalization is $1.66 billion. They have
traded in a 52-week range of $13.76 to $69.95. Volume today was 3,779,641
shares versus a 3-month average volume of 3,236,340 shares. The company’s
trailing earnings are $-0.38 per share. About the company: Youku.com Inc. is
an Internet television company. The Company’s Internet television platform
enables consumers to search, view and share video content quickly and
easily across multiple devices in the People’s Republic of China. Get the
most recent company news and stock data here >>
* Sina Corp. (NASDAQ:SINA): SINA shares recently traded at $66.12, down
$8, or 10.79%. Its market capitalization is $4.36 billion. They have traded
in a 52-week range of $57.97 to $147.12. Volume today was 8,274,543 shares
versus a 3-month average volume of 6,188,600 shares. The company’s trailing
earnings are $-6.42 per share. About the company: SINA Corporation is a
global Internet media company operating Chinese-language destination sites.
The Company offers a network of branded content and services targeting
people of Chinese descent worldwide. SINA.com offers online news,
entertainment, community, and commerce through web sites that are produced
and updated by local teams in China, Hong Kong, Taiwan, and North America.
Get the most recent company news and stock data here >>
* Renren Inc. (NYSE:RENN): RENN shares recently traded at $3.90, down $0
.38, or 8.88%. Its market capitalization is $1.53 billion. They have traded
in a 52-week range of $3.85 to $24.00. Volume today was 4,136,530 shares
versus a 3-month average volume of 3,464,110 shares. The company’s trailing
earnings are $-0.85 per share. About the company: Renren, Inc. operates an
Internet website. The Company operates a real-time social networking website
that offers users the ability to communicate, share information and user-
generated content, play online games, listen to music, shop for deals, and
use other services. Get the most recent company news and stock data here >>
* Spreadtrum Communications Inc. (NASDAQ:SPRD): SPRD shares recently
traded at $24.00, down $3.21, or 11.8%. Its market capitalization is $1.13
billion. They have traded in a 52-week range of $8.59 to $29.98. Volume
today was 4,003,055 shares versus a 3-month average volume of 1,289,640
shares. The company’s trailing P/E is 10.05, while trailing earnings are $2
.39 per share. The company pays a dividend of $0.16 per share for a dividend
yield of 0.60%. About the company: Spreadtrum Communications, Inc. is a
fabless semiconductor company that designs, develops, and markets baseband
processor solutions for the wireless communications market. Get the most
recent company news and stock data here >>
* Qihoo 360 Technology Co. Ltd. (NYSE:QIHU): QIHU shares recently traded
at $16.94, down $1.44, or 7.83%. Its market capitalization is $2.09 billion
. They have traded in a 52-week range of $14.30 to $36.21. Volume today was
2,309,097 shares versus a 3-month average volume of 782,502 shares. The
company’s trailing earnings are $-0.06 per share. About the company: Qihoo
360 Technology Co Ltd. provides Internet and mobile security products in the
People’s Republic of China. The Companys products include an Internet
security product for Internet security and system optimization; an anti-
virus application to protect users’ computers against trojan horses,
viruses, worms, adware, and other forms of malware; and a mobile smartphone
security program. Get the most recent company news and stock data here >>
发信人: liai (科学家), 信区: Military
标 题: Here’s Why Chinese Tech Stocks Crashed
发信站: BBS 未名空间站 (Mon Nov 21 17:54:29 2011, 美东)
Here’s Why Chinese Tech Stocks Crashed
By Wall St. Cheat Sheet
Focus Media Holding Ltd. (NASDAQ:FMCN) is down over 45% after short selling
firm Muddy Waters made new allegations the company is engaging in fraud.
Throw in a broad-based market selloff, and Chinese tech stocks paid an
especially high price.
Here’s how Chines tech stocks are trading on the news:
* Focus Media Holding Ltd. (NASDAQ:FMCN): FMCN shares recently traded at
$15.60, down $9.9, or 38.82%. Its market capitalization is $2.12 billion.
They have traded in a 52-week range of $8.79 to $37.58. Volume today was 73,
209,849 shares versus a 3-month average volume of 3,487,170 shares. The
company’s trailing P/E is 9.96, while trailing earnings are $1.57 per share
. About the company: Focus Media Holding Limited operates an out-of-home
advertising network in China. The Company uses audiovisual television
displays which are placed primarily in high-traffic areas of commercial
office buildings such as in lobbies and near elevators, as well as in large
retail chain stores and other venues. Get the most recent company news and
stock data here >>
* Youku.com Inc. (NYSE:YOKU): YOKU shares recently traded at $14.59,
down $2.04, or 12.27%. Its market capitalization is $1.66 billion. They have
traded in a 52-week range of $13.76 to $69.95. Volume today was 3,779,641
shares versus a 3-month average volume of 3,236,340 shares. The company’s
trailing earnings are $-0.38 per share. About the company: Youku.com Inc. is
an Internet television company. The Company’s Internet television platform
enables consumers to search, view and share video content quickly and
easily across multiple devices in the People’s Republic of China. Get the
most recent company news and stock data here >>
* Sina Corp. (NASDAQ:SINA): SINA shares recently traded at $66.12, down
$8, or 10.79%. Its market capitalization is $4.36 billion. They have traded
in a 52-week range of $57.97 to $147.12. Volume today was 8,274,543 shares
versus a 3-month average volume of 6,188,600 shares. The company’s trailing
earnings are $-6.42 per share. About the company: SINA Corporation is a
global Internet media company operating Chinese-language destination sites.
The Company offers a network of branded content and services targeting
people of Chinese descent worldwide. SINA.com offers online news,
entertainment, community, and commerce through web sites that are produced
and updated by local teams in China, Hong Kong, Taiwan, and North America.
Get the most recent company news and stock data here >>
* Renren Inc. (NYSE:RENN): RENN shares recently traded at $3.90, down $0
.38, or 8.88%. Its market capitalization is $1.53 billion. They have traded
in a 52-week range of $3.85 to $24.00. Volume today was 4,136,530 shares
versus a 3-month average volume of 3,464,110 shares. The company’s trailing
earnings are $-0.85 per share. About the company: Renren, Inc. operates an
Internet website. The Company operates a real-time social networking website
that offers users the ability to communicate, share information and user-
generated content, play online games, listen to music, shop for deals, and
use other services. Get the most recent company news and stock data here >>
* Spreadtrum Communications Inc. (NASDAQ:SPRD): SPRD shares recently
traded at $24.00, down $3.21, or 11.8%. Its market capitalization is $1.13
billion. They have traded in a 52-week range of $8.59 to $29.98. Volume
today was 4,003,055 shares versus a 3-month average volume of 1,289,640
shares. The company’s trailing P/E is 10.05, while trailing earnings are $2
.39 per share. The company pays a dividend of $0.16 per share for a dividend
yield of 0.60%. About the company: Spreadtrum Communications, Inc. is a
fabless semiconductor company that designs, develops, and markets baseband
processor solutions for the wireless communications market. Get the most
recent company news and stock data here >>
* Qihoo 360 Technology Co. Ltd. (NYSE:QIHU): QIHU shares recently traded
at $16.94, down $1.44, or 7.83%. Its market capitalization is $2.09 billion
. They have traded in a 52-week range of $14.30 to $36.21. Volume today was
2,309,097 shares versus a 3-month average volume of 782,502 shares. The
company’s trailing earnings are $-0.06 per share. About the company: Qihoo
360 Technology Co Ltd. provides Internet and mobile security products in the
People’s Republic of China. The Companys products include an Internet
security product for Internet security and system optimization; an anti-
virus application to protect users’ computers against trojan horses,
viruses, worms, adware, and other forms of malware; and a mobile smartphone
security program. Get the most recent company news and stock data here >>
