The report says investors should pay close attention to China's online game index

Source: Internet
Author: User
Keywords NASDAQ investors should the latest online games
Beijing time September 24 morning news, according to foreign media reported yesterday, independent research website Tickerspy.com Wednesday reported that due to new games will be released this week, as well as Shanda Network (Nasdaq:snda) 's Grand games will be in the Nasdaq IPO (initial public offering)  For the sake of listing, investors should pay close attention to the Chinese online game index (Chinese online Gaming index). The following is a summary of the report: Since June, China's online gaming stocks have been in some degree in a volatile consolidation pattern, but recent news may help to provide guidelines for online gaming stocks.  The most notable event in the current industry is the Grand Network spin-off of Shanda, which is scheduled to take place this weekend, but some analysts are still puzzled by the decision to split the Shanda network, which accounts for up to 95% of Shanda's total revenue.  The Shanda network "is about to spin off its basic business," says Adam Krejcik, an analyst at Adam Corisich Capital, the US investment Company, a network game. Earlier this year, Sohu Nasdaq:sohu the nadaq:cyou on the Nasdaq, which has been rising more than a 16-dollar IPO price by more than a few times. Shanda Games will be listed on Nasdaq with "GAME" code, and it is unknown whether the stock's performance will follow the trajectory of the tour.  For now, investors seem to be bullish on Shanda's IPO, which has risen 4% over the past week.  Overall, the online gaming stock index (online Gaming Stocks index) is up 3% per cent today, with more than 7% in the past one months compared to the S & P 500 index. On that day, the perfect Space-Time (NASDAQ:PWRD) performance best, the stock price rose 7%, the company's latest network game "2 cents" has been tested in Monday.  NetEase (Nasdaq:ntes) and 4 million "World of Warcraft" players are celebrating the game reopened, the famous Science and technology blog VentureBeat said the game is longer than expected time to close. Over the past five trading days, all of the above online gaming stocks have risen by more than 10%, with Taiwan's rivals and Nasdaq:gigm in the same period rising more than 10%, while South Korea's net Zen (Nasdaq:wzen) rose 5%.  The Giants Network (NYSE:GA) underperformed, with a 1.3% decline in the same period. So far, China's online gaming index has risen 11% in the past one months, ranking among the top 50 indices tickerspy.com has tracked. (Tangfeng)
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