Attractive Chinese Internet Stocks
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The Chinese economy appears to be sputtering, and its stock market has been falling. It's time to start looking at some Chinese companies listed on U.S. exchanges. A few have given many of the rest a bad reputation. Investors need to be careful, but one idea worth looking into is Youku Tudou, the equivalent to Google's YouTube. It wants to be China's internet television company. RenRen is another idea to consider. It wanted to be the Facebook of China, but it recently announced a shift towards mobile gaming and e-commerce. Investors didn't like the shift. E-commerce company Dangdang got off to a fast start, but has been sputtering a bit lately. It continues to build out its retail platform, though. Finally, Tencent Holdings might be a stock to dig into. It's an internet investment holding company run by Huateng Ma, and is a clear leader.
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The article Attractive Chinese Internet Stocks originally appeared on Fool.com.David Meier has no positions in the stocks mentioned above. John Reeves owns shares of Google. The Motley Fool owns shares of Facebook and Google. Motley Fool newsletter services recommend Facebook and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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