Chinese Companies Are on the Rebound
The following video is part of our "Motley Fool Conversations" series, in which Motley Fool senior technology analyst Eric Bleeker and chief technology officer Jeremy Phillips discuss emerging trends in technology.
In today's edition, Jeremy and Eric look at the rebound in Chinese Internet companies. This group of companies has been beaten down on fears of a slowing Chinese economy, accounting concerns, and a crackdown on variable interest entities, or VIEs, used to list abroad. However, after advising investors not to give up on Chinese companies a few weeks ago at their lows, Eric reiterates what makes these special: their ability to dominate areas like search and gaming, where American companies dominate in other markets.
China's Internet growth is one of the key factors in an explosion of Internet traffic; the growth is at a level that traffic is expected to quadruple by 2015! The Motley Fool has compiled a new report called "The Motley Fool's Top Stock for 2011," which highlights a company that's set to profit handsomely from the booming amounts of data flowing across the Internet, no matter which company delivers the video. Thousands have requested access to this special free report, and now you can access it today at no cost. You can get instant access to the name of this company by clicking here -- it's free.
At the time this article was published Eric BleekerandJeremy Phillipsown no shares of the companies listed above. The Motley Fool owns shares of Google.Motley Fool newsletter serviceshave recommended buying shares of NetEase.com, Sina, Baidu, Google, and Sohu.com. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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