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Qihoo 360 Technology Co. Ltd. Message Board

  • pedrojose1967 pedrojose1967 Mar 20, 2013 12:35 PM Flag

    QIHU up up up

    Solid earnings from Tencent (TCEHY.PK) and a rally in Shanghai help Chinese Internet stocks...
    Wednesday, March 20, 10:57 AM ET
    Solid earnings from Tencent (TCEHY.PK) and a rally in Shanghai help Chinese Internet stocks trade higher. YOKU +3.8%. SINA +2.8%. QIHU +2.5%. SOHU +1.8%. YY +1.8%. NTES +1.5%. PWRD +1.7%. Tencent, which rose 1.5% in Hong Kong, reported a 53% Y/Y increase in Q4 sales to $1.96B, and a 37% increase in net income to $557M. Ad sales were better than expected, and value-added service sales (includes online games) rose 32%. Registered accounts for Tencent's WeChat mobile IM platform, which competes with Sina's Weibo, have topped 300M.

    http://seekingalpha.com

    Sentiment: Strong Buy

 
QIHU
95.01-0.03(-0.03%)Jul 23 4:03 PMEDT

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