Analysts raise China's online gaming stocks rating

News and technology news, Beijing time February 4, according to foreign media reports, because of Shanda games and the perfect world share prices have a lot of capital, coupled with the United States than shares relatively low, affected by this, a number of analysts also raised the stock rating, in this case, in the United States, the market share prices have risen, The rise has also pushed the Chinese concept stocks listed in the U.S. to continue its 7th week of overall rally.

On the Nasdaq stock market in Friday, Shanda rose to its highest level in two months, while the perfect world stake rose to its highest level since November last year. Bloomberg News of the US-listed China 55 index, which rose 0.8% to 106.41 in Friday, also rose for the 7th consecutive week, the longest growth period in nearly 4 years. The company's shares have seen their biggest gains since the IPO (NASDAQ: TUDO) after they created a video platform for Weibo users in Sina (NASDAQ: SINA).

Analysts raise China's online gaming stocks rating

Last year, as Chinese companies were accused of fraud in the US industry, China's concept stocks fell by 56%, with Chinese online gaming companies trading at a five times-fold lower than expected cash flow by 2012, far behind the American gaming company's art power. In this case, CLSA has recently upgraded its perfect world share rating to "outperform", while reaffirming its "outperform" rating for Shanda's stock.

Andy Yeung, an analyst Andy Yang Oppenheimer & Co, said: "These games stocks will be a good investment for investors, and their share gains will continue this year, both of which hold strong cash volumes." After last year's plunge, the current P/E ratio remains at single-digit levels. ”

Shanda's shares rose 10.2% to $4 in Friday, the biggest gain since November 28. The current share price for Shanda games is about 4.5 times times the expected cash flow in 2012, according to Bloomberg data.

The perfect world share price rose 6.09% per cent in Friday, at $12.20 trillion, the biggest increase since November 18. Jialong Shi, CLSA analyst, Shi Garong the perfect World share rating from "weaker than the market" to "outperform", but lowered its target share price for the next 12 months from $13 to $12.5.

Tudou's shares rose 16% per cent in Friday, to $16.25 trillion, the biggest gain since September last year.

Friday, the Tour (NASDAQ: CYOU) shares rose 1.46 U.S. dollars, closed at 29.09 U.S. dollars, a gain of 5.28%, which is its biggest increase since last October. The current share price is about 5.5 times times the expected cash flow in 2012. According to the Bloomberg survey, 10 analysts averaged 36% to 124.4 million dollars in the fourth quarter of 2011, compared with the previous estimate of $123.5 million.