Tuesday, March 15, 2005

51Job (JOBS) on results, competition and lockup (quotes from 4Q04 conf call)

51Job (ticker: JOBS), a Chinese online recruitment and human resource services company, released Q4 2004 earnings yesterday morning. CEO Rick Yan expanded on those results during the company's conference call. Key quotes:

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Posted by David Jackson on March 15, 2005 at 09:07 AM in Conf call quotes, Sub-sector: China, Sub-sector: Services, ticker: JOBS | Permalink | Comments (0) | TrackBack (0)

Monday, March 14, 2005

51Job (JOBS) misses revised guidance on higher expenses, stock down (4Q04 earnings)

51Job (ticker: JOBS), a Chinese online recruitment company, missed the low-end of its revised fully diluted EPS guidance of RMB 0.24 - 0.27 for Q4 2004 by RMB 0.03. Details from The China Stock Blog:

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Posted by David Jackson on March 14, 2005 at 01:14 PM in Earnings results, Sub-sector: China, Sub-sector: Services, ticker: JOBS | Permalink | Comments (0) | TrackBack (0)

Friday, March 11, 2005

eBay #1 in China? No, though Meg Whitman claims "yes".

eBay (ticker: EBAY) CEO Meg Whitman discussed the company's Chinese subsidiary eBay Eachnet and the competitive environment in China at its Analyst Day in February. Here are excerpts from her comments followed by a discussion of Chinese online auction competitor Taobao from The China Stock Blog:

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Posted by David Jackson on March 11, 2005 at 12:01 AM in Conf call quotes, Sub-sector: China, Sub-sector: E-tailing, ticker: EBAY | Permalink | Comments (0) | TrackBack (0)

Thursday, March 10, 2005

China Internet search developments

Points of interest about Sohu (ticker: SOHU), Baidu.com, Zhongsou.com, Yahoo! China (ticker: YHOO), and Google (ticker: GOOG):

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Posted by David Jackson on March 10, 2005 at 09:10 AM in Sub-sector: China, Sub-sector: Search, ticker: GOOG, ticker: SOHU, ticker: YHOO | Permalink | Comments (0) | TrackBack (0)

Wednesday, February 23, 2005

Netease (NTES) on the Chinese Internet industry (quotes from the conf call)

Netease (ticker: NTES) reported Q4 results yesterday. On its conference call, the company discussed eBay's (ticker: EBAY) China strategy, competitors' games, and the implications of Shanda's (ticker: SNDA) equity stake in Sina.com (ticker: SINA):

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Posted by David Jackson on February 23, 2005 at 02:39 PM in Conf call quotes, Sub-sector: China, ticker: EBAY, ticker: NTES, ticker: SINA, ticker: SNDA | Permalink | Comments (0) | TrackBack (0)

Tuesday, February 22, 2005

Ctrip (CTRP) - key points from conf call - implications for eLong (LONG)

Ctrip (ticker: CTRP) reported Q4 results today. Here are some key points from the conference call:

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Posted by David Jackson on February 22, 2005 at 09:14 PM in Conf call quotes, Sub-sector: China, Sub-sector: Travel, ticker: CTRP, ticker: LONG | Permalink | Comments (0) | TrackBack (0)

Ctrip (CTRP) beats consensus, stock up 2% in weak market (4Q04 earnings)

Ctrip.com (ticker: CTRP), a consolidator of hotel accommodations and airline tickets in China, beat average consensus Q4 2004 EPS estimates by $0.06. Here are the details:

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Posted by David Jackson on February 22, 2005 at 09:05 PM in Earnings results, Sub-sector: China, Sub-sector: Travel, ticker: CTRP | Permalink | Comments (0) | TrackBack (0)

NetEase beats estimates on strong gaming revs (4Q04 earnings)

NetEase (ticker: NTES), a Chinese Internet, online game and wireless value-added services provider, beat Q4 earnings numbers by $0.02. Details:

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Posted by David Jackson on February 22, 2005 at 08:59 PM in Earnings results, Sub-sector: China, ticker: NTES | Permalink | Comments (0) | TrackBack (0)

Sunday, February 20, 2005

Shanda Interactive (SNDA) acquires stake in Sina.com (SINA)

The China Stock Blog reports that Shanda Interactive (ticker: SNDA) has acquired a 19.5% stake in Sina.com (ticker: SINA). The China Stock Blog provides details from Shanda's SEC filing; the post is also followed by an interesting comment that's worth reading.

Posted by David Jackson on February 20, 2005 at 02:07 PM in Sub-sector: China, ticker: SINA, ticker: SNDA | Permalink | Comments (0) | TrackBack (0)

Monday, February 14, 2005

China Internet clamp-down shouldn't impact Shanda, Netease

China reportedly closed over 12,000 Internet bars in 2004. China Daily writes:

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Posted by David Jackson on February 14, 2005 at 09:31 AM in Sub-sector: China, ticker: CHINA, ticker: NTES, ticker: SNDA | Permalink | Comments (0) | TrackBack (0)

Thursday, February 10, 2005

China Finance Online (JRJC) wins the award for Dorky Press Release of the Year

It's only February, but it already looks like China Finance Online has beaten Amazon's entry of a few days ago to win the award for Dorky Press Release of 2005. You'll enjoy this. Here's the headline:

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Posted by David Jackson on February 10, 2005 at 11:23 PM in Sub-sector: China, Sub-sector: E-finance, ticker: JRJC | Permalink | Comments (2) | TrackBack (3)

Tuesday, February 08, 2005

Sina.com (SINA) on mobile content in China (quotes from the conf call)

Sina (ticker: SINA) announced quarterly results last night. Here are some key quotes:

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Posted by David Jackson on February 8, 2005 at 11:01 PM in Conf call quotes, Sub-sector: China, Sub-sector: Content, ticker: SINA | Permalink | Comments (0) | TrackBack (1)

FT highlights Chinese Internet stocks' collapse

Here's what the FT's Lex Live column says about the China Internet stocks, and a look at how the stocks have done.

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Posted by David Jackson on February 8, 2005 at 11:56 AM in Sub-sector: China, ticker: CTRP, ticker: JOBS, ticker: SINA, ticker: SNDA, ticker: SOHU, ticker: TOMO | Permalink | Comments (1) | TrackBack (0)

Wednesday, February 02, 2005

Business Week picks small cap Net stocks

Business Week's Timothy Mullaney picks "second tier" Internet stocks in an article titled Finding Value on the Net.  His key argument: in the wake of eBay's earnings miss and stock fall, "retail investors can hedge bets on the Big Four [eBay, Amazon, Google and Yahoo] by buying smaller Net companies whose stocks are much more reasonably priced". Here are his picks:

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Posted by David Jackson on February 2, 2005 at 12:15 PM in Sub-sector: China, ticker: AQNT, ticker: CKFR, ticker: CTRP, ticker: FLWS, ticker: PRVD, ticker: SINA, ticker: SNDA | Permalink | Comments (0) | TrackBack (0)

Thursday, January 27, 2005

China Finance Online reports 4Q04 results, subscriber growth flat, stock up

China Finance Online (ticker: JRJC), a provider of subscription-based online financial data covering China listed companies, announced Q4 results. MarketWatch reported that the stock rose on strong subscriber growth. But look at the numbers:

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Posted by David Jackson on January 27, 2005 at 06:26 PM in Earnings results, Sub-sector: China, Sub-sector: E-finance, ticker: JRJC | Permalink | Comments (0) | TrackBack (0)

Thursday, January 20, 2005

eBay (EBAY) on China (quotes from the conf call)

eBay announced that profitability next year would be lower than analysts had expected. (The stock was whacked in after-hours trading.) Why? Because eBay plans to invest heavily in expanding in China and growing PayPal's business. Here's what EBAY said about its China expansion:

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Posted by David Jackson on January 20, 2005 at 09:05 AM in Conf call quotes, Sub-sector: China, Sub-sector: E-tailing, ticker: EBAY | Permalink | Comments (0) | TrackBack (0)

Chinese search engine market grows in 2004

Asia Pulse, citing a recent report, claims that China's search engine market reached 940 million yuan ($113.6 million) in 2004. The market is expected to grow at an annual rate of 60-70% and reach 2.6 billion yuan by 2006.

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Posted by David Jackson on January 20, 2005 at 08:56 AM in Sector Outlook, Sub-sector: China, Sub-sector: Search, ticker: GOOG, ticker: NTES, ticker: SOHU, ticker: YHOO | Permalink | Comments (1) | TrackBack (1)

Tuesday, January 18, 2005

51job lowers 4th quarter outlook

51Job (ticker: JOBS), the China-based career services provider, cited two reasons for lowering its Q4 outlook:

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Posted by David Jackson on January 18, 2005 at 06:31 PM in Sub-sector: China, ticker: JOBS | Permalink | Comments (0) | TrackBack (0)

Friday, January 14, 2005

Monster.com planning China investment

Piper Jaffray reports that Monster.com's CEO reiterated the company's intention to invest in China's recruitment market, at an investor conference yesterday.

Founder Jeff Taylor mentioned his China expansion plans during an interview last April. Since then China's 51Job (JOBS) has made its debut and enjoyed a spectacular run as a publicly traded company.

Posted by David Jackson on January 14, 2005 at 09:21 AM in Sub-sector: China, ticker: JOBS, ticker: MNST | Permalink | Comments (0) | TrackBack (0)

Monday, January 10, 2005

New competition for Ctrip.com and eLong

According to the Guangzhou Daily (via the China Stock Blog), China Southern Airlines has signed an agreement with a British company to set up an online business travel services joint venture in China. China Southern Airlines and the British company will each invest $210 million. They also plan to jointly open 1,000 physical stores in three years. Airfare and hotel booking services will be the company's primary businesses.

Posted by David Jackson on January 10, 2005 at 12:49 PM in Sub-sector: China, Sub-sector: Travel, ticker: CTRP, ticker: LONG | Permalink | Comments (0) | TrackBack (0)