China concept stocks outlook this week: the company's financial report attracted attention

Lead: Foreign media published an analysis article today saying that although a number of Chinese concept stocks will release their latest quarterly earnings this week, Fortune Global Forum will be held in Beijing, however, foreign investors are most concerned about the appreciation of the renminbi. At the same time, the grand financial report is also quite eye-catching.
According to an English message about the appreciation of the renminbi, the transaction volume of the US dollar in the global currency market has increased significantly recently. After the event, it was proved that the report was inaccurate due to translation problems, but the loss was irreparable. On Friday, Zhou Xiaochuan, president of the People's Bank of China, made it clear that the foreign media recently rumored that the RMB will be appreciated in May 18, "cannot be taken seriously ".
In addition, the first quarter of 2005 earnings report released on Monday in the US east time will also attract investors' attention. Investors want Shanda management to comment on a series of issues at the conference call after the financial report is released, such as how Shanda will handle the Shares of SINA (Nasdaq: SINA) held in his hand.
Other concerns raised by investors include: whether Shanda will acquire the wireless value-added service operator Hua you century (Nasdaq: HRAY); Shanda's view of the World of Warcraft public beta for only one week, the ninth city (Nasdaq: NCTY) it is declared that the number of simultaneous online players has reached 0.5 million. Beijing will release an IPTV set-top box later this year, and investors hope to announce more information about the plan at a conference call. In addition, Shanda has not published any user data since the start of public beta before the latest online game "dream nation" May Day holiday.
The first quarter of 2005 earnings report will be released on Tuesday, US East time. The share price of another wireless value-added service operator, Nasdaq: KONG, rose slightly on Nasdaq last week, but the transaction volume was not large. Apsara stack will release its May 23 earnings report on April 9, first quarter of 2005, US East time. Before the opening of Nasdaq on Friday, Skynet announced that it would acquire Tianjin NLP technology, a mobile game developer. The transaction details have not yet been disclosed.
On Monday, Nasdaq: JOBS released its first quarter of 2005 earnings report. According to the report, no worries about the first quarter revenue of 17.2 million US dollars, an increase of 18.6% from the previous quarter, but net profit of 1.1 million US dollars, a 26.6% decline from the previous quarter. In order to seize more market share, carefree service prices have been lowered in some cities, which is the main cause of the company's net profit decline in the first quarter. Our main competitors include chinaili.com and Zhaopin.
Tom Online (Nasdaq: TOMO) also released its first quarter of 2005 financial report last week. According to the report, revenue of Tom Online in the first quarter was $35.3 million billion, up 2% from the previous quarter. Although Tom Online claims a portal, its wireless value-added service revenue accounted for 95% of the company's revenue in the first quarter. Tomonline expects revenue to grow by 4.8% to 9.9% in the second quarter.
Yan Weida, Chinese chairman of Sony Ericsson, said last week that the company will jointly launch the music download service PlayNow with Tom Online, through which users can download MP3 songs or ringtones to their mobile phones. Of course, compared with the music download service launched by Yahoo in May 11, PlayNow has a large gap in the number of songs. Tom's share price fell by 3% on the Hong Kong Stock Exchange last Friday, reporting at $1.17.