Despite Sell-Off, China Internet Stocks Still Beat Gold |
| August 11, 2011 | August 2011 Bond Updates |
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It seems that investors are using market corrections to pile into equity of China's leading internet companies. In fact, once again, the only big volume play to do better than gold this week isn't silver, and it surely isn't US Treasury bonds even with the flight to safety. It's China internet companies SINA Corporation (SINA) and Sohu.com (SOHU). Even search engine behemoth Baidu (BIDU) has come close to doing as well as the SPDR Gold (GLD) exchange traded fund. |
| View more at: http://www.forbes.com/sites/kenrapoza/2011/08/11/despite-sell-off-china-internet-stocks-still-beat-gold/ |
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