Only goods will share a record high in China's fourth largest internet company

Absrtact: Only the stock price in Tuesday reached a record high of 211.46 U.S. dollars/shares, more than Baidu's 198.43 U.S. dollars, and its 12 billion dollar total market capitalisation is beyond Qihoo 360 of 11.7 billion U.S. dollars, and thus jumped China's fourth-largest internet company. Only the stock price of Tuesday set a new record

Only in Tuesday, the stock price reached a record high of 211.46 U.S. dollars/shares, more than Baidu's 198.43 U.S. dollars, and its 12 billion dollar total market capitalisation is beyond Qihoo 360 of 11.7 billion U.S. dollars, and thus jumped China's fourth-largest internet company.

Only in Tuesday, the stock price reached a record high of 211.46 U.S. dollars/shares, more than Baidu's 198.43 U.S. dollars, and its 12 billion dollar total market capitalisation is beyond Qihoo 360 of 11.7 billion U.S. dollars, and thus jumped China's fourth-largest internet company. For the only product will be the soaring price, the market has been from the low volume of the plate questioned its trend, this is to follow the logic of a domestic a A-share, the United States capital markets, mainly institutional investment, long-term value investment, transactions are not active is the normal. In fact, the day of Tuesday, Jingdong volume of 2.3 million shares, Qihoo 360 for 3.18 million shares, Baidu's turnover is only 3.41 million shares, only the goods will be 1.32 million shares.

Internet companies are valued differently than traditional industries, there are several rules in the Valuation model for institutional investors: in general, the Business-to-business model is valued less than the consumer, because it is more likely to be in front of C-end users, and gaming companies are valued less than advertising companies; Because the conversion rate of game companies is more uncertain. Such a division stems from the Investment organization's division of business models, but also the basic logic of the American investors based on value investment.