Be warned that Big Brother's keen electronic eye can give most of his Chinese content providers a limited edge in the financial markets.
The country's Internet content providers are geared toward Chinese tastes and audiences. Granted, that's a user base of more than half a billion people. But most providers are not tooled to go places globally the way Google and Yahoo can, ensuring customer diversity normally key to business survival.
Like successful firms in industries across China, Internet content providers also face competition from a growing crowd of newer, me-too ICPs.
But some clearly stand out. Twelve-year-old Baidu, for example, has gone past China with services in Arabic and Thai, plus a subsidiary in Japan. It opened a Singapore research center this to help extend its search engine and other Web services to Southeast Asia.Tencent, started in 1999, bought a stake in U.S.-based Epic Games in June and already runs a version in English, among other languages, of its QQ instant messaging service. No immediate need to censor their stocks from your portfolio. This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV