China's Economy Holding Up Better Than Expected
http://www.marketwatch.com/story/chinas-economy-holding-up-better-than-expected-youku-and-sohucom-on-the-upswing-2012-02-15?reflink=MW_news_stmp
Chinese internet stocks listed in the U.S. often move in accordance
with investor sentiment towards China's economy. According to a
recent report from Barron's "Chinese Internet stocks are prominently
listed on U.S. exchanges, and are among the most widely-held Chinese
stocks." Fears of a hard economic landing in China pushed shares of
internet firms towards 52-week lows in the early stages of 2012.
However recent measures from China's government have restored some
optimism regarding the direction of China's economy.
I don't careeeee.
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