SOURCE: The Bedford Report

The Bedford Report

June 27, 2011 08:16 ET

Sina and Sohu Navigate Potential Chinese Tech Bubble

The Bedford Report Provides Equity Research on Sina & Sohu

NEW YORK, NY--(Marketwire - Jun 27, 2011) - A mere two months ago, Chinese internet firms were some of the strongest performers on Wall Street. China boasts the largest number of internet users, and given the nation's strict censorship laws which minimize competition, companies such as Sina and Sohu were considered promising growth stories. Shares throughout the sector have plummeted since May; however, as concerns about a new bubble in the tech sector has spread to China's Internet industry. The Bedford Report examines the outlook for companies in China's Internet Sector and provides stock research on Sina Corporation (NASDAQ: SINA) and, Inc. (NASDAQ: SOHU). Access to the full company reports can be found at:

A recent report from The Wall Street Journal argues that Chinese internet stocks are suffering from concerns about a slowdown in China's economy -- reflected in the fall of the country's benchmark stock index. Standard & Poor's said the performance in the past year of Chinese Internet companies with a market value of more than $100 million suggested the companies "might have been in a bubble that burst."

The Bedford Report releases investment research on the Chinese Internet Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.

In recent months SINA Corporation has boosted expenses. SINA is expected to launch a service comparable to Twitter that will be available globally by the end of the year. SINA's Weibo micro-blog already has an advantage in China with Facebook, Twitter and YouTube all blocked by the government. The company says roughly 10 percent of its users are from outside of China, but hopes to significantly improve that figure by the end of the year.

Reports from Xinkuai newspaper revealed that Baidu and Sohu may be in talks to cooperate in the micro-blog business.

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