The Giants ' leading game accounts for half of the shares

Recently, a number of Chinese companies listed in the United States have issued the third quarter of 2011 financial report.　　From what is known, the third quarter has undoubtedly won the gaming industry, has issued a three-quarterly network of giants (micro-blog), net profit than the last quarter of a 3,452% increase, obtained by the U.S. investment bank Piper Jaffray, South Korea's future asset securities endorsement. In social networking, Renren (Weibo) lost 1.2 million of billions of dollars in a net loss due to the spread of glutinous rice (Weibo) and new games. If you get rid of glutinous rice NET, everybody net profit 6.2 million dollars.　　and Qihoo 360 and NetQin software, the performance is still strong, have a good performance.　　With the performance support, November 15 in the United States listed the main Chinese concept stocks also have a good performance, the media rose 10.75%, potatoes Rose 5.7%, Qihoo 360 rose more than 4%, Youku, Rice has risen more than 2%. Social growth nearly 60% people Gao Tauxi Summary Century Singles Day (November 11) morning, Renren announced the third quarter ended September 30, 2011 without audited financial reports. The report showed that Renren's total net operating income in the third quarter was $34.2 million, an increase of 57.1% over a year earlier.　　The big business income growth and the performance of the good behavior let everyone executive summary of time also have a bit of confidence. "I'm glad to see that the company's active subscribers to the end of the third quarter have surpassed the annual user growth targets set at the beginning of the year, despite the intense competition in Chinese social networks and social media markets." Mr Chen, chairman and chief executive of Renren, said, "We have a lot of new product launches on all our major product lines this quarter, once again achieving stable user growth." He added: "We have continued to grow strongly in the development of our mobile internet business, and the number of mobile users in the company has accounted for more than 35% of the monthly active users, with half of the mobile users logging on with smartphones." Looking ahead, we will continue to maintain this momentum by increasing our investment in product innovation, especially in the mobile internet sector, extending the social networking services of Renren to a truly technology-driven communication platform. Huang, chief financial officer of the company, said: "Everyone's third-quarter revenue growth is up to our expectations." Over the next few quarters, we want to focus on the company's long-term strategic development, not just short-term financial performance. We will increase our investment to nurture the growing user base and the stickiness of their products and services to all. "However, even if the revenue growth of 57.1%, Renren still did not get rid of the net loss of 1.2 million dollars, throughout the third quarterly can be seen, glutinous rice nets and new games to promote, dragged everyone's hind legs."　　The net loss in the third quarter was $1.2 million trillion, with a net profit of 7.3 million dollars over the same period last year. If you remove glutinous rice, everyone's net profit for the third quarter is 6.2 million dollars. But 18.9 million dollarsThe huge promotion cost hit the glutinous rice net and the new game, everybody became 1.2 million dollars net loss.　　There is the industry analysis that the status of Glutinous rice fully reflects the overall experience of the site group buy the grim situation. South Korea's future asset securities believe that while Renren is still losing money, glutinous rice and 56 have contributed more than 61% users to Renren, more than 20% visits and more than 27% stay time. Everyone can use this to obtain traffic, integrate into the company's business, and through the development of the long tail advertising system profit.　　Renren plans to launch a precision advertising system for SMEs in 2012. Review of Renren local time on May 4 when the NYSE listing, the first day of the market closed at 18.01 U.S. dollars, the first day of the rise of 28.6%. On the first day of the closing price of 18 U.S. dollars, Renren's market value of more than 7 billion U.S. dollars, is the earlier listing of Qihoo 360 market value of nearly twice times, market capitalisation ranked in the top four Chinese internet listed companies.　　Today's performance, also difficult to mention the courage of the day. Software net profit rose software by investment banks bullish compared to Renren, to the network of Qin as the representative of the software industry is booming.　　The company's net revenue for the third quarter was $11.3 million trillion, up 109.7% from the 5.4 million-dollar period last year, and a net profit of $4.3 million, a 1 million increase over the same period last year. Good results from the growth of users, from the operational point of view, as of September 30, 2011, NetQin's cumulative registered user account number of 122.8 million, and June 30 for 102.7 million, the cumulative growth of more than 20 million.　　In the third quarter, NetQin's monthly average active user account number was 42.7 million, a 6 million increase from 36.4 million in the second quarter. The number of paid users also rose from 4.2 million in the two quarter to 5 million. There has been a significant increase in data. Net revenue in the third quarter was 11.3 million U.S. dollars, up 109.7% from 5.4 million a year earlier, up 27.9% from the previous quarter's 8.9 million dollar growth.　　NET Qin Yinying the Year-on-year and quarterly ratios, mainly due to strong revenue growth from premium mobile internet services. Some analysts believe that the Network Qin high-quality mobile internet service revenue growth, mainly due to the number of paid user accounts strong and stable growth.　　The growth of net-Qin paid user accounts reflects the increase in the number of registered users and active user accounts, as well as the increased use of company services by users, especially the number of overseas paid user accounts. In general, overseas paid users pay higher fees for the company's services.　　Net-Qin's third-quarter revenue from overseas paid subscribers accounted for 49.6% per cent of net revenue from premium mobile internet services, up from 41.4% in the same period last year and 49.5% in the previous quarter. Good operating conditions are also reflected in the other software industry in China concept stocks, the morning of October 13, the future asset Securities release research report to the Qihoo 360 "buy"The initial rating and the 37.5 dollar target share price. On the evening of October 18, Citigroup Investment Research and analysis issued an investment report, awarded Qihoo 360 stock "buy" rating, the target price set to 39 U.S. dollars.　　October 20, Macquarie Securities reiterated Qihoo 360 shares "outperform the market" rating, and gave the share of the target price of 33 U.S. dollars. Future assets suggest that investors underestimate the dominance of Qihoo 360 in the area of cyber security. The company's daily active user of security products is 10 times times as high as the second-largest jinshan. According to the user's residence time, its share is as high as 86%.　　Qihoo 360 was able to achieve this dominance in 2 years because about 80% of Chinese netizens did not use any security products until Qihoo 360 released 360 security guards for free safety products. Game net profit of the Giants led by the big profit, in the giant as the representative of the game industry, and became pediatrics, net profit of 343.5% is simply insignificant. On the morning of November 2, the giant network released the third quarter of fiscal year 2011 without audit earnings, the third quarter net revenue of 457.9 million yuan (about 71.8 million U.S. dollars), than the last quarter of 436.2 million yuan growth of 5%, compared to the same period last year 338.7 million yuan growth 35.2%　　The net profit attributable to the shareholders of the company is 361.3 million yuan (about 56.6 million U.S. dollars), up 3452.1% from 10.2 million yuan in the previous quarter. There is analysis that the giant performance of the huge growth, "Journey 2" did a small contribution.　　Guixe, vice president of research and Development, said in an analysis of the operation, September 16 began the "Journey 2" of the public test, now regardless of the number of online and income from the point of view, growth is very rapid. After the public test, "Journey 2" the highest number of online to reach more than 430,000 people. Operators have also adopted a new third-generation fair business model, and the percentage of users across the pay side will rise relative to the free version.　　He also said that it is "Journey 2" launched this fair mode, so the game players in the trading situation is more active, game props in the preservation of better, to promote users more confidence and willingness to pay.　　The huge growth and good earnings forecasts have enabled giant networks to be supported by major international investment banks, with the US investment bank PiperJaffray and South Korea's future asset securities maintaining giant networks ' overweight ' and ' buy ' ratings respectively. Future asset securities expect "Journey 2" to contribute more to revenue in the fourth quarter of fiscal year 2011. However, while maintaining a "buy" rating on the Giants ' online stock, future assets have lowered their previously projected target share price from 6.5 to $6.2.　　Future assets believe the company remains attractive. Not only the Giants were bullish, but also the tour was supported by investment banks.　　Morgan Stanley pointed out that the third quarter of this year's income growth of 13%, year-on-year increase of 39% to 119 million U.S. dollars, higher than expected level of 2%. BecauseThis, Morgan Stanley, said that the third quarter of this year's earnings also reflects some positive factors, for example: 1, the total revenue growth of 39% Year-on-year, which is its highest growth in the past two years; 2, active paid users (APA) growth of 16%, mainly because the "Tianlong eight" game continues to be welcomed by the players, But also benefited from the "Deer Ding Kee" game launched, currently in Baidu on the "Tianlong Eight" search volume in the third quarter of this year, the quarter-on-quarter growth of 21%; 3, swimming is expected in the fourth quarter of this year's income will increase 33% to 36%, and net interest rate will increase by 2% to 3%; 4, "Tianlong Eight"　　The information was released at the end of October and has received strong support from the players. On this basis, Morgan Stanley gave the "overweight" rating to the shares and set its target price at $45. Morgan Stanley expects a 4.08 dollar dilution per share in 2011, 4.79 dollars in 2012 and $5.16 in 2013. In addition, Shanda Games (micro-blog) will be in Beijing/Hong Kong time November 18, 2011 issued three quarterly bulletin. The perfect world will announce its third-quarter results after the US-East time of 21st this month. This edition/Reporter Gao Yang