NEW YORK, September 21, 2016 /PRNewswire/ --
According to a report by the Chinese Central Bank, China's businesses operated under better
conditions for the third quarter in 2016. Alongside that,
businesses were more optimistic and confident with the local
economy. The report shows that the business index grew to 50.3% in
the third quarter from 48.3% in the second. Profitability increased
to 54.7% from 52.7%. In addition a survey by the People's Bank of
China (PBOC) has found that
bankers in China are confident in
the recovery of economics vitality for the period of time of July
to September. ChineseInvestors.com Inc. (OTCQB: CIIX),
Alibaba Group Holding Ltd (NYSE: BABA), Weibo Corp
(NASDAQ: WB), NetEase, Inc. (NASDAQ: NTES), Baidu
Inc. (NASDAQ: BIDU)
ChineseInvestors.com Inc. (OTCQB: CIIX) is a small-cap
Chinese company engaged in providing real-time market commentary
and analysis in the Chinese language. The Company has recently
commented on the live streaming service they provide, which has
helped ChineseInvestors.com to accomplish a milestone in bookings
record subscription revenues. This month the company announced a
partnership with the largest online financial brokerage firm in
China called Tiger Brokers. The
firm's monthly volume trading with increasing to $800 million USD.
ChineseInvestors.com Inc. (CIIX) stated earlier last
month, launched a Stock Market Live Stream VIP Service in June. The
Stock Market Live Stream VIP Service has been extremely popular
with the Chinese-speaking investor community and as a result of
this popularity has allowed the Company to book record monthly
subscription revenues for the month of July
2016.
Alibaba Group Holding Ltd (NYSE: BABA), which has been
performing well this year is feeling confident enough in its
dominance of the Chinese market to aggressively expand abroad. The
company recently announced that it has managed to get a string of
partnerships to expand business-to-business marketplace operations
in India. Shares of the company
increased in value by more than 26% year to date.
Weibo Corp (NASDAQ: WB) is little known to investors in
the U.S, it is a social media platform for people to create,
distribute and discover Chinese-language content. The Company
provides ways for people and organizations to publicly express
themselves in real time, interact with others on a global platform
and stay connected with the world. In the recent earnings
report the company reported a revenue increase of 36% year over
year, reaching $146.9 million.
NetEase, Inc. (NASDAQ: NTES) is a technology company.
That operates an interactive online community in China and is a provider of Chinese language
content and services through its online games, Internet media,
e-mail, e-commerce and other businesses. The company's recent
earnings report showed each business segment posting impressive
year-over-year improvement, including increases of 76.0% in online
game services, 24.2% in advertising services, and 310.6% in our
e-mail and e-commerce.
Baidu Inc. (NASDAQ: BIDU) the Chinese language
internet search provider, is an example of a company that
aggressively works to expand operations overseas. Recently the
company has received a permit from the state's Department of
Motor Vehicles in California to
test self-driving car models, energizing further the race to for
driverless cars. Shares of the company surged more than 13% over
the last 3 month.
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