Chinese concept stocks rose 13% in early Thursday

NetEase Science and technology news October 23, U.S. stocks in early Thursday. Companies such as Caterpillar have a strong three-quarter earnings rally. Although the U.S. first-year jobless rate rose to 283,000 last week, it is still at 14-year-old lows.

As of press, the Dow Jones Industrial Average reported 16,633.56 points, up 172.24 points, or 1.05%. The standard and poor 500 index reported 1, 945.81 points, up 18.7 points, or 0.97%. The Nasdaq Composite Index reported 4,424.52, up 41.67 points, or 0.95%.

Chinese concept stocks rose in Thursday. The Air network (NASDAQ:KZ) rose 4.86%, China's information Technology (NASDAQ:CNIT) rose 5.54%, and the Chinese star Micro (NASDAQ:VIMC) rose 9.79%. Medium Star Micro (NASDAQ:VIMC) rose 13.07%. Thunder (Nasdaq:xnet) fell 2.3%. The shares were among the first to be listed in early morning trading.

Finished Alibaba Nyse:baba, including Ma Yun, has travelled to Hollywood to discuss the purchase of http://www.aliyun.com/zixun/aggregation/18416.html "> Web content," Bloomberg reported today. Lion Gate Pictures, Disney, Paramount, Warner Bros., Sony and global film companies will meet in Ma Yun. Sources say Alibaba hopes to gain access to American films and TV dramas in China, or to invest in film companies.

In addition, Alibaba will soon announce the U.S. IPO after the first quarterly report. In the first quarter ending September 30, the Ariying will rise 42% to $2.54 billion trillion, the 10-bit analysts surveyed by Bloomberg forecast. Shares of the stock rose to a new high in the month, and the BoE, the only commodities will also rise. Alibaba earlier reported 93.27 U.S. dollars, up 1.64 U.S. dollars, up 1.79%.

Nasdaq:dsky today announced that the company launched a new "Tencent version of Fruit Ninja" on the iOS platform. The game was released at Androping earlier last month, with 170,000 downloads on the MyApp platform in the first two days of the game. With Tencent's micro-trust platform, players can share the game's scores and achievements with friends. The stock reported 17.60 U.S. dollars earlier, rising 0.34 U.S. dollars, or 1.97%.

NASDAQ:VIMC announced today that its joint venture company Shanxi Zhongtian Letter successfully bid for Hunan Chenzhou Government svac video surveillance equipment and system contracts. The contract amount is 179 million yuan, about 29.2 million U.S. dollars. Medium Star Micro-holding Shanxi Zhongtian letter company 51% shares. The stock reported 10.90 U.S. dollars earlier, rising 1.26 U.S. dollars, or 13.07%. (Abinadab)