EJ just announced several management changes. Some weak hands sold their EJ shares today because they thought the management changes are signs of EJ in trouble. It's the opposite. All of the management changes are really changing titles within the same company to prepare itself for the CRIC spin off. They move existing management to the new company instead of hiring a new CEO and VPs for the new company. They are doing this because they want to make sure CRIC will be a successful independent company. The best way to play the IPO of CRIC is to buy EJ now because you'll get shares of the new company when CRIC starts trading. Buy your shares back now before it's too late.
The CEO of SINA, which will own 50% of CRIC, bought 5.6 million shares of SINA stocks worth $180 million. That will make him the biggest share holder of CRIC after its IPO. Yes, you can buy SINA or EJ now and will get shares of CRIC later automatically. You can kill two birds with one stone. Why not? Here's a link about the SINA CEO transaction (in Chinese). http://financenews.sina.com/focusnews/sina20090928/index.html
You have no idea what you are talking about. Ask a SOHU shareholder if he has received any CYOU shares. Ask a SNDA shareholder if he has received any GAME shares. It's financial engineering played by these Chinese companies and it alone adds absolutely NOTHING to the value of the companies.