Times dotcom-hype turn back through Chinese Google
Baidu. com, a Chinese missing machine that is described as the 'Chinese Google', made on Friday a dream debut on the American screen purse Nasdaq. In n handelsdag, the value of the share of 27 dollars ascended to 122.54 dollars. Since 1999 was it no longer prevented that a new share on the first handelsdag so fast alley.
The fast course increases of Baidu. com is illustrative for the interest for the fast growing Chinese economy and the renewed interest for internet shares. Also other internet shares do it the last months namely good.
As is the share Google in a year time more than doubled. Google went in August last year for 85 dollars per share to the aboutripe. The last weeks investors must have between the 290 and 300 dollars eddy count for a share in the missing machine.
Some analysts declare the fast course increase of Baidu. com from the fact that investors, that the Google-boats missed, now on the Baidu. com-train jump.
Bad share
Google takes advantage of the purse course of Baidu. com. The American missing business has an interest of 2.6 per cent in Baidu. com.
With the purse course of Baidu. com became in totally 86.6 million dollars raised. After deduct of the expenses for the affairs banks that the purse courses accompanied, remains of that 77 million dollars for Baidu. com about.
Not all analysts are of it convinced that Baidu. com its high shares course can prove. this is a good business, but a very bad share on this moment, declares analyst Donald Straszheim opposite The Welled Street Journal. it will me amaze as the share a year from now still on this level stands.