A Pair Of Chinese Internet Names Get Some Analyst Love (CYOU, SOHU, BIDU, DATE, DANG, AMZN, TAOM, YOKU)

Tickerspy’s Chinese Internet Index

CHINESE INTERNET INVESTING IDEAS

• Popular long ideas: BIDU, SINA, SOHU
• Popular short ideas: BIDU, YOKU, SOHU
• Top dividend plays: GA, DATE, PWRD
• Pro favorites: BIDU, SINA, QIHU

Sign up and track the Chinese Internet Index performance

CHINESE INTERNET COVERAGE

Chinese companies that do their business online, typically with an e-commerce, subscription or advertising-based model

• China Spy: Investors Bid Up 'High Flying' Stocks (GA, CYOU, NQ, CGA, VIT, CEA)
• Baidu's Earnings Report Jump-Starts Chinese Internet Stocks (BIDU, GOOG, SOHU, YOKU, RENN, TAOM, SINA)
• Taomee Falters Following New Analyst Coverage (TAOM, BIDU, DATE, SINA, YOKU)

CHINESE INTERNET CHART

CHINESE INTERNET METRICS

Avg. Market Cap:	$3.3B
Avg. P/E Ratio:	19.1
Avg. Div Yield:	0.6%

Shares of Changyou (CYOU), the Chinese online game developer, touched a new 52-week high earlier today and are surging 7% after T.H. Capital initiated coverage of the stock with a “buy” rating and a $57 price target, implying significant upside from where the shares currently trade. The research firm is bullish on Changyou’s newly developed in-house game, Duke of Mount Deer, noting the game could be a long-term revenue driver. T.H. Capital said it expects Changyou’s P/E multiples to expand if the new game is in fact a hit.

Investors seem to like the news as the Chinese Internet Stocks is higher by 0.9%. T.H. Capital is also bullish on Sohu.com (SOHU), which is higher by 2% after the research firm initiated coverage of that stock with a “buy” rating and a $97 price target.

T.H. Capital believes Sohu.com can continue to grow its online gaming business and that momentum in China’s online advertising business could be a positive catalyst for the shares. Sohu.com has seen its shares surge 26% in the past month.

Baidu (BIDU), China’s largest provider of Internet search services, is up 1% while Jiayuan.com International (DATE), China’s answer to Match.com, is higher by 3%. E-Commerce China Dangdang (DANG), the Chinese equivalent of Amazon.com (AMZN), is higher by 1% as is newly public Taomee Holdings (TAOM). Youku.com (YOKU) is lower by 1%.

Investors can track the Chinese Internet Stocks for performance trends and a suite of other metrics at tickerspy.com.

Tags: AMZN, BIDU, CYOU, DANG, DATE, SOHU, TAOM, YOKU