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Stock Market & Financial Investment News

News Breaks
December 4, 2012
11:06 EDTSINA, BIDU, SOHU, NTES, CYOU, PWRD, YOKUChinese Internet stocks fall after SEC charges accounting firms
Chinese Internet stocks are sinking after the SEC charged the Chinese subsidiaries of the four major U.S. accounting firms with violating securities laws for refusing to produce paperwork connected to fraud at nine Chinese companies, according to The Financial Times. The SEC may have created a "Catch 22" situation for Chinese companies listed in the U.S., as Chinese law prevent the companies from sharing audit documents with foreign companies, the newspaper noted. In a note to investors earlier today, Wells Fargo analyst Trace Urdan wrote that delisting may be "economically prudent" for some Chinese companies. In mid-morning trading, SINA (SINA) fell 6.38% to $42.55, BIDU (BIDU) dropped 4.75% to $91.35, Sohu.com (SOHU) slid 3.18% to $38.32, NetEase (NTES) gave back 3.94% to $42.00, Changyou.com (CYOU) lost 1.50% to $24.37, Youku Tudou (YOKU) declined $1.19, or 7.18% to $15.38 and Perfect World (PWRD) dropped 3.10% to $10.78.
News For SINA;BIDU;SOHU;NTES;CYOU;PWRD;YOKU From The Last 14 Days
Check below for free stories on SINA;BIDU;SOHU;NTES;CYOU;PWRD;YOKU the last two weeks.
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September 10, 2014
08:34 EDTBIDUCtrip.com confirms removal of hotel listings from Qunar, Marbridge Daily says
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September 9, 2014
08:24 EDTCYOUChangyou rumored to lay off 15% of gaming portal staff, Marbridge Daily says
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September 8, 2014
10:00 EDTSINAFacebook may soon enter China, DoNews reports
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06:37 EDTBIDUBaidu hires Microsoft's Zhang Yaqin, WSJ reports
Baidu (BIDU) has hired Zhang Yaqin, a top Microsoft (MSFT) executive in China, to become its president for new business,t he Wall Street Journal reports. Zhang was Microsoft's VP and chairman of its Asian-Pacific research and development group. Reference Link
September 5, 2014
09:35 EDTBIDUActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL GILD TSLA YHOO WFM SLW ABX GOOG FB BIDU
07:47 EDTYOKU, BIDUNew foreign content limits placed on Chinese video sites, Marbridge Daily says
China's General Administration of Press and Publication, Radio, Film and Television issued new regulations requiring online video sites to apply for licenses for each foreign produced program they carry and limiting the percentage of licensed foreign content compared to domestic content, said Marbridge Daily, citing Sina Tech. Operators of Internet television services in China include Youku Tudou (YOKU), YOU On Demand (YOD), Ku6 Media (KUTV), Phoenix New Media (FENG), and Baidu's (BIDU) IQiyi. Reference Link
September 4, 2014
09:35 EDTBIDUActive equity options trading on open
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September 3, 2014
09:36 EDTBIDUActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TSLA TWTR PBR C GILD NFLX FB BIDU
05:59 EDTSINA SINA implied volatility of 35 at lower end of index mean range
05:22 EDTBIDUBaidu invests $10M in IndoorAtlas
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05:20 EDTPWRDPerfect World agrees to sell shares in Shanda Games for $104.62M cash
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September 2, 2014
09:41 EDTBIDUActive equity options trading on open
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