SOURCE: Paragon Financial Limited

Paragon Financial Limited

September 12, 2011 08:16 ET

Dangdang and Sina Corp Drive Internet Growth in China

The Paragon Report Provides Equity Research on Dangdang & Sina Corp

NEW YORK, NY--(Marketwire - Sep 12, 2011) - The Paragon Report examines investing opportunities in China's Internet Sector and provides equity research on E-Commerce China Dangdang Inc. (NYSE: DANG) and Sina Corporation (NASDAQ: SINA). Access to the full company reports can be found at:

According to the China Internet Network Information Center, China has the world's biggest population of internet users with more than 500 million. Based on the rise of the nation's middle class, analysts believe that China's internet market still has room to grow. In fact a recent study from the consultancy, McKinsey&Co estimated that 6 million people go online for the first time in the country every month, and predicted the Chinese internet population will grow to 750 million in 2015.

Two prominent growth drivers in China's internet sector are microblogging, and mobile internet. According to a DCCI report issued this summer, China's mobile internet users will surpass the number of PC users as soon as 2013. Already, China has more mobile phone users than PC users.

Meanwhile, the number of Chinese microbloggers has skyrocketed of late, as popular social networks have attracted 40 percent of China's internet users. China's Vice Minister of Industry and Information Technology Liu Lihua said that microblogging played an important role in collecting public opinion.

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.

Sina Corporation is one of China's microblogging giants -- the other being Tecent Weibo. Sina Corporation saw its profits actually fall 50% in its unaudited second quarter report despite 20% growth in revenues. Users are flocking to the "Chinese Twitter" service, but the company's robust marketing push has hurt its bottom-line.

In the most recent quarter Dangdang launched its mobile application for iPhone. Together with the previously launched application for Android mobile, these mobile applications bring Dangdang thousands of orders on a daily basis.

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