男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Facebook IPO likely to boost China's SNS

Updated: 2012-02-03 09:32

(Xinhua)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

SHANGHAI - Facebook's planned initial public offering (IPO) is likely to give impetus to China's social networking service (SNS) and boost its development, industry insiders say.

Facebook filed with the US Securities and Exchange Commission on Wednesday to raise $5 billion in a preliminary IPO, one of the largest technology offering so far.

"Facebook's IPO is a milestone event in the global Internet arena," said Cheng Binghao, chief executive officer of China's top SNS site Kaixin.

"In the next few years, SNS sites will become the mainstream of the Internet, and the IPO of Facebook will make more people realize the change," Cheng told reporters in an interview.

Fang Xingdong, founder of blogchina.com and web research consultancy chinalabs.com, said many venture capitalists would benefit enormously from the IPO.

"The move will also fortify market confidence over investment in the Internet," Fang said.

Thanks to the news of Facebook's IPO, China's SNS sites have witnessed a dramatic rise in stock market. Shares of New York-listed Chinese social networking company Renren Inc., which is dubbed China's "Facebook," rose 33 percent from last Thursday to Tuesday this week, while shares of NASDAQ-listed Sina Corp., owner of China's popular Twitter-like Sina Weibo microblog service, rose 18.8 percent over the same period.

SNS sites have mushroomed in China in recent years and some of them have successfully listed on overseas stock markets.

It is estimated that 269 million Internet users in China were registered at SNS sites by the end of 2011, which had a market value of about 2.1 billion yuan ($328 million), according to China's market research firm Analysys International.

However, China's SNS sites still face numerous problems that will impede its further development, industry watchers say.

Compared with Facebook, China's major SNS sites like Kaixin and Renren are still small-scale in user numbers and lack growth momentum, experts say.

Kaixin CEO Cheng said Facebook's going public will in the short term have a great impact on the performance of China's SNS.

"However, the long-term influence is limited due to the difference between Facebook and China's SNS sites in income structure, business model and positioning," Cheng said.

Huang Meng, an analyst with Analysys International, also pointed out that the status quo of Chinese concept stocks in the US stock market being undervalued won't change in the long run.

Huang said China's Internet companies usually lack a solid profit pattern and they are too eager to expand their business scope.

"By doing so, they have lost their core competitiveness in comparison with their foreign peers," Huang said.

However, Cheng is still optimistic about China's SNS sites in regard to their development potentials to replace traditional communication, media and business platforms in the next five years.

主站蜘蛛池模板: 中宁县| 大余县| 巴塘县| 呼伦贝尔市| 祁连县| 吉安市| 宁德市| 亳州市| 崇明县| 开平市| 马山县| 宁明县| 米易县| 临武县| 金寨县| 克什克腾旗| 来宾市| 平度市| 天长市| 苏尼特左旗| 洞头县| 广灵县| 贵南县| 监利县| 绥化市| 循化| 通化市| 扎鲁特旗| 法库县| 苗栗市| 岳池县| 芜湖市| 沙雅县| 宜昌市| 香港 | 宜城市| 荣成市| 搜索| 潮安县| 林西县| 凤翔县|