Site Tickerspy.com independent study released Wednesday reported that, as there will be new games released this week, and Shanda (Nasdaq: SNDA) Shanda’s games will soon NASDAQ IPO (initial public offering) market reasons, investors should pay close attention to China’s online game index (Chinese Online Gaming Index).
Since June, the Chinese online game stocks have been to some extent the pattern of consolidation in a shock, but recent news has been for the online game may help stocks guidance. At present the industry’s most compelling events Shanda Shanda game spin-off listing of events scheduled for this IPO this week, 5 way, but some analysts still Shanda was puzzled by the decision of the spin-off, because a grand Shanda game revenues in the proportion of total revenues as high as 95%.
U.S. investment firm Roth Capital Partners analyst Adam Branch Risik (Adam Krejcik), said Shanda, “was about to spin off its basic operations”, that is online games.
Earlier this year, Sohu (Nasdaq: SOHU) to IPO, will be touring network (NADAQ: CYOU) spin-off in the NASDAQ listed stock has exceeded that in the current tour Net IPO price of 16 U.S. dollars more than doubled. Shanda’s games will be “GAME” on the Nasdaq listed stock’s performance following the tour whether the network path is still unknown. Now it seems that investors seem optimistic about the grand game of IPO, in the past week, Shanda’s stock has risen 4%.
Overall, the online game index (Online Gaming Stocks Index) rose 3% today, the past month’s performance higher than the S & P 500 index more than 7%.
That day, Perfect World (Nasdaq: PWRD) performed best, the stock rose 7%, the company’s newest online game “Zhu Xian 2″ has already been beta Monday. NetEase (Nasdaq: NTES), and 400 million “World of Warcraft” players are being re-opened service to celebrate the game, the famous technology blog VentureBeat said the clothes off of the game took longer than expected.
Over the past five trading days, all the above online game stocks rose more than 10%, from China Taiwan’s competitors and GigaMedia (Nasdaq: GIGM) also exceeded the same period rose 10%, South Korea’s Webzen (Nasdaq: WZEN ) or compared to 5%. Giant Networks (NYSE: GA) is the poor performance of the same period, decreases of 1.3%.
So far, China’s online game index in the past month or 11%, among the Tickerspy.com tracked the performance of the best pre-50 stock index of the column.
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