Wednesday, August 17, 2005

Free Markets, Chinese style

This sounds like a great direct China play, and it's listed on NASDAQ. Its "principal activities are developing and providing enterprise and trade related software solution services in the People's Republic of China." (http://www.marketwatch.com/tools/quotes/profile.asp?sid=1881171&symb=nine&siteid=mktw)
It's also a good lesson about the way business is conducted in China. Seems like the Chinese government, having used the company's products, has decided to see if anyone else can provide a like-kind product that they can pass around for free. Maybe not such a great play after all. http://www.chinastockblog.com/2005/08/nine_2q05_earni.html

Labels: ,

0 Comments:

Post a Comment

<< Home