|Bid||38.80 x 200|
|Ask||40.18 x 1000|
|Day's Range||38.93 - 39.61|
|52 Week Range||21.13 - 44.55|
|PE Ratio (TTM)||13.10|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
The Chinese internet sector has been red hot since the beginning of August, with the KraneShares CSI China Internet ETF (NASDAQ:KWEB) up 8% over the last six weeks. There are several stocks that could make for interesting opportunities here, but today I’d like to talk about one that hasn’t made the cut and should be approached with caution: Changyou.Com Ltd (ADR) (NASDAQ:CYOU). CYOU is a Chinese developer and operator of online games, and while it has exposure to two of my favorite next-gen sectors — eSports and emerging markets e-commerce — Changyou has failed to join in the latest rally, instead dropping more than 4% since the beginning of August.
The business of online consumption is heating up right now, and there’s one area in particular that is really grabbing my attention: emerging-markets e-commerce. Within that group, I’m keeping a close eye on Changyou.com Ltd (ADR) (NASDAQ:CYOU), a little-known Chinese company that finds itself in a very hot sector with several NexGen mega-trends working in its favor. As you can see, CYOU had a big run-up on solid volume in May. It spent the next couple of months consolidating on light volume, and then it broke out again on big volume in July.