China Growth Stocks

[derek2000]

Internet companies and "X of China".

True, to reach out to US investors, some companies may have used " X of China", but Chinese internet content and commerce companies are very innovative and fast moving. They have proved themselves time after time and are able to beat well financed international competitors there.

China's top 3 internet companies are Tencent, Alibaba, and Baidu. Each companies dominate in their space. Tencent's 600m users make it largest social networking platform in the world. Alibaba is the world's large B2B company. Its C2C site, taobao, has dismantled ebay in China, and successfully reduced eBay's market share from 90% to 0%. Baidu kicked Google's ass in China.

They are not the only companies that thrive in China. Big three portal sites (SINA, Sohu, and Netease) are well trenched, CTrip (travel site) is growing fast, 51jobs are very profitable. Tudou and Youku are actually very unique and are kind of hybrids between Youtube, Hulu, and Netflix.