Yahoo+Facebook+YouTube(Source: Elizabeth Ody, Washington Post, May 30, 2008)
SINA is quite a delicate stock, and it only has itself to blame for it. Due to their success, a lot of investors have bought the stock. The fact that SINA is China's leading Internet portal is undeniable. So much so that any negative news at all could send the stock stumbling down. Highly volatile, after all its a Chinese Internet company.
"It is Yahoo plus Facebook plus Youtube," says Pali Research analyst Tian Hou. This does give them an edge over some of their American counterparts who are on the prey to capture market cap in the world's fastest developing nation, with an emerging middle class.
It has also become the primary spot for Internet advertising, further adding to its revenue. And with advertising growing at a faster rate than the Chinese economy, positive things can be expected.