Hongkong.com Part36 - 500 Beiträge pro Seite

[dollar10]

Ladys and gentleman i proudly present ER NÄCHSTE ANAYST AUS DEM HAUS MORGAN STANLY DAN WITTER setzt ein langfristiges Ziel von 30.- bis 35.-US$

Asian Portals: Aggressive Acquisitions Add Value to Chinadotcom
New York, NY, August 21 /SHfn/ -- Of all the players in the rapidly growing Asian Internet market, chinadotcom [CHINA] is the most aggressive. After riding the tail of the Internet-IPO mania, the company began acquiring companies at a rapid pace. Its share price has been extremely volatile, and is currently down nearly 80% from its yearly high of $78 a share. Some analysts think it`s time to sit up and take notice.
As a recent StockHouse report described, Hong Kong-based chinadotcom is the largest Internet portal in Asia. Its comprehensive businesses include Internet consulting, an online advertising network, portals and strategic investments in a host of other Internet-related companies. America Online [AOL] owns close to 8% of chinadotcom. Its biggest investor, though, is New World Infrastructure, which controls 18% of the company. Xinhua, China`s official government news agency, owns an 11% stake. Chief Executive Peter Yip calls Xinhua a "valued strategic shareholder." It is valued because in China, chinadotcom`s biggest market, the government controls the booming Internet business. This is a partnership that is worth its weight in gold.
The Internet is transforming China from a system built around walls to a system built around networks.
Chinadotcom was the first Chinese Internet portal to go public. Its NASDAQ debut in July 1999 raised over $80 million. On its first trading day, chinadotcom`s share price rose 233% from its IPO price of $20, before dropping during the next month to $6-1/8. The company earned an additional $282 million through a secondary offering in January of this year. In March, it climbed again to $78, before dropping once more to its current price of $16. Commenting on this, a senior Asian correspondent recently said, "If chinadotcom were as good at making profit as it has been at timing its stock offerings, the company would deserve to be at the top of every buy list in America." It opened at $17-1/4 on Friday.
As an analyst at HSBC James Capel noted in November 1999, "The ability to acquire aggressively is key to establishing market leadership and its early IPO therefore gives china.com an important advantage over unlisted rivals." Chinadotcom has aggressively used this advantage. Since its inception, it has invested in over 40 Internet companies around the world. It operates AOL Hong Kong for the U.S. giant, and its acquisition fever spread quickly to Japan, Korea and even Taiwan, where it holds an 80% interest in YesNet. Chinadotcom`s reach also extends into India and Australia. In May, it purchased the Australian Internet integration company XT3. In July, it invested $5 million in BMC Media, an Australian online marketing company. Chinadotcom also holds a 5% stake in StockHouse, which provides financial news and portfolio tracking to hongkong.com.
According to CEO Yip, chinadotcom has "never been so busy" since the company was formed. "Many companies are beginning to take a hard look at their own business models," said Yip on August 9. "It is a great opportunity for us. We are in talks with a lot of companies."
In a recent interview, Yip said that chinadotcom would become the first profitable Asian Internet company sometime next year.
Chinadotcom is one of the few companies in Asia with the cash muscle to successfully negotiate these deals. As a Hong Kong-based Lehman Brothers analyst said, chinadotcom has "the capital to actually provide the sales and marketing."
So far, it`s used its money wisely. As an example, Morgan Stanley Dean Witter [MWD] stated chinadotcom`s purchase of BMC Media was a "synergistic investment," because it provides access to so many ad affiliates. Through its network of 400 premium websites, BMC reaches 46% of the Internet users in Australia.
Chinadotcom`s financial results are surprising many analysts. In the quarter ended June 30, it reported total revenue of $30.3 million, a 52% increase from the previous quarter. And though its cash loss widened to $10.6 million from its first-quarter loss of $8.7 million, it easily beat the estimate of Lehman Brothers Asia, which had forecast for revenue of $25 million with a loss of $16.5 million. A similar situation happened last quarter, when chinadotcom exceeded Morgan Stanley`s revenue estimate by 48%. In a recent interview, Yip said that chinadotcom would become the first profitable Asian Internet company sometime next year.
Last month, Morgan Stanley Dean Witter called chinadotcom "attractively valued," and set a price target of $30-$35. For investors looking for long-term value, chinadotcom deserves a close examination at its current price.
cu $10

[ichwillspass!]

Hallo,einer geht noch,dann aber ab zum Ballermann!
cucu ichwillspass!

Hong Kong, August 17 /SHfn/

The most recent quarterly results of GEM-listed companies vary. Generally speaking, the results of internet companies were far from satisfactory. On the other hand, some niche players performed remarkably well. Take Greencool Technology [8056], a company engaged in the replacement of CFC refrigerants, as an example. It earned RMB99.1m ($92.6m) in the second quarter, representing 21-fold growth. It was a result that even main board companies would envy. A few other companies such as Proactive Technology [8089], Fortune Tele.com [8040], Wah Sang Gas [8035] and DigiTel [8030] also recorded earnings growth in multiples. Looking at such results, the GEM board seems to have achieved success in helping companies with potential to raise capital.
However, it is also a fact that most GEM-listed companies, especially internet counters, have fared poorly. Most of the portals have seen their losses widen and they face dim prospects ahead. tom.com [8001], the most hyped portal, suffered a $148m loss in the second quarter. It laid off 80 staff on the eve of its result announcement. The downsizing effort was regarded by many as the beginning of a restructuring for local internet companies. Another portal operator, Hongkong.com [8006] reported net profit of $2.4m in the second quarter. However, its overall loss in the first-half still increased significantly compared with the same period last year.

Compared with portals, the operators of specialised websites have performed better. iSteelAsia.com [8080] remains in its initial stages of investment but iMerchants [8009] reported positive results. But entertainment portal STAREASTnet.com [8009] lost $60m, reflecting that brand names alone are no guarantee of profitability.

Ironically, investors have now turned away from the hi-tech shares that had been so puffed up by the media. Shanghai Fudan [8102] earned a modest $84,000 in the first half, while Syscan Technology [8083] continued its losing streak with a loss of $6.7m in the second quarter. However, the share price of Shanghai Fudan has rocketed due to speculative buying. It reached a high of $5.05 soon after its listing, up 5.3 times above its issue price of $0.80 per share.

However, GEM members with more traditional computer and communications businesses, especially those with stable revenues, all reported satisfactory results. Among which, the interim profit of Proactive Technology [8089], a solution provider in telecommunications and computer telephony, jumped almost 30 times YoY, the best among GEM-listed companies in terms of earnings growth.

The other GEM member to shine is Greencool Technology [8056]. It reported 2Q net profit of RMB99.1m ($92.6m), up a whopping 21 times YoY. Due to its better-than-expected earnings, investors have jumped into this stock, showing that strong earnings are what count most, not just hi-tech castles in the air.

Herbert Lau, head of research at Celestial Securities, believes the less-than-satisfactory performance of the GEM board is because the quality of GEM stocks vary. Companies with strong earnings prospects tend to perform better than those who are losing money.

The GEM index has plunged over 50 percent since its debut on March 20. Daily average turnover for July was $338m.

According to Hen Yep Securities director Wong Kwok Kwan, the GEM board has been affected by overall market sentiment. It performed relatively well at the beginning. However, some of the internet stocks which listed at later stages faced selling pressure. Although the GEM index has fallen over 50 percent, it does not mean the GEM board has failed. The reason being that it has helped companies to raise capital.

For stock-picking tips, Mr Wong says apart from looking at earnings, investors should also pay attention to a company`s potential, its management and balance sheet. Therefore, companies with strong backing are potential investment targets. However, Mr Wong personally favors companies with a special strength such as pharmaceutical counters.

Herbert Lau, on the other hand, favors China-related companies, including Beida Jade Bird [8095] and Shanghai Fudan.

The other uncertainty facing GEM stocks is the expiry of lock-up periods. GEM companies can place shares to raise more capital after lock-up periods end. T S Telecom [8003] became the first GEM company to hold a share placement when it raised $21m by placing 22m shares at the beginning of this month
Selected GEM Resuts

CompanyNet Profit/(Loss) EPS YoY Change ($m)($)(%)
Far Eastern Polychen Industries [8012]53.90 0.13 70.0
AcrossAsia Multimedia [8061](1.59)(0.00) n/a
China Data Broadcasting [8016] 0.38 0.01 122.0
36.com [8036](12.71)(0.01)n/a
Excel Technology [8048] 6.02 0.01 Loss to profit
SmarTech Digital Manufacturing [8068]4.95 0.03 (17.5)
Panda-Recruit [8073](4.37) (0.01)Profit to loss
Qianlong Technology [8015]RMB2.21RMB0.0105(37.0)
Prosten Technology [8026] 0.11 0.00 (97.2)
Wah Sang Gas [8035] 14.82 0.08 1,293.0
Fortune Tele.com [8040] 42.62 0.14 997.0
iSteelAsia.com [8080] (33.35) (0.02) Profit to loss
Proactive Technology [8089] 5.37 0.03 2,915.0
Computech [8081] (1.49) (0.01) Profit to loss
techpacific.com [8088]US$0.28m US$0.0001 68.5
STAREASTnet.com [8010] (60.20) (0.07) n/a
Asian Information Resource [8025] (4.72)(0.01)Profit to loss
Timeless Software [8028] 15.15 0.02 445.0
Hongkong.com [8006]2.26 0.00 Loss to profit
tom.com [8001] (148.00)(0.05) n/a
SIIC Medical Science and Technology [8018] 19.44 0.03 19.0
iMerchants [8009] 0.75 0.00 Loss to profit
hkcyber.com [8118] (16.40) (0.01) n/a
Neolink Cyber Technology [8116] (2.58 (0.01)n/a
Beijing Beida Jade Bird Universal [8095] * 8.83 0.13 Loss to profit
Syscan Technology [8083](6.74)(0.01)n/a
Greencool Technology [8056] RMB99.13m RMB0.1322 2,166.0
Flexsystem [8050] 5.52 0.01 26.0
Intcera High Tech [8041] (10.39) (0.03) n/a
DigiTel Group [8030] 8.47 0.01 547.0
Yuxing InfoTech [8005] 30.31 0.08 21.0
T S Telecom [8003] (6.23) (0.02) n/a
Shanghai Fudan [8102] * RMB84,00 RMB0.0002 Loss to profit
Grandmass Enterprise Solution [8108] * RMB1.18m RMB0.0038 (32.0)

Note: All results are for most recent quarter except for those marked * , which are half-year figures.

[brokenshare]

Morgen Leute,
so wie es aussieht werden auch bei 8006 Arbeitnehmer nach china.com verschoben,(Entlaßung,bleibt Entlaßung) damit die Retabibiltät früher erreicht wird.Mauschel,mauschel,trickitrack????????

Saturday, August 19, 2000

INTERNET

Dotcom firestorm continues as portal sacks 10
ERIC NG


--------------------------------------------------------------------------------
Hongkong.com has sacked 10 staff, with 37 other employees waiting to be transferred to parent Chinadotcom, in the latest restructuring move by dotcom firms amid difficult market conditions.
The announcement followed the sudden collapse earlier this month of The Chinese Books Cyberstore - Hong Kong`s biggest Internet bookseller - and the axing of 473 employees by various Internet-related firms in the past two months.

A Hongkong.com spokesman yesterday said although the portal-operator was cash-rich after raising HK$1.31 billion via a Growth Enterprise Market listing in March, it needs to streamline operations to regain investor confidence.

"We need to reach profitability much quicker," he said.

"We want to become profitable on the operating level sooner."

He said the firm was hoping to turn profitable "some time next year", compared to the second half of 2002 as forecast earlier by some analysts.

Hongkong.com provides a broad range of Chinese-language Internet content, distribution channels and cross-promotional services, and e-commerce.

SG Securities analyst Jonathan Iu said: "Their business model is very fragile. No matter how much cash they have, they have to do things to improve efficiencies otherwise they will run out of cash eventually."

He said Hongkong.com, like peer Tom.com and other content portals, relied heavily on advertising income which was unable to sustain fast-growing expenses.

Hongkong.com is hoping to generate monthly savings of between HK$1 million and HK$2 million after the manpower restructuring. The company was losing about HK$5 million monthly in the last quarter.

It reported an operating loss of HK$14.43 million in the quarter to June 30. Due to interest income of HK$20.12 million mainly on funds raised from its listing, the company booked a net profit of HK$2.26 million.

The spokesman said that the staff restructuring would be across the board, affecting the content production, marketing, business development and information technology-related departments.

On Monday, mainland portal operator Renren Media cut 102 staff, over a third of its workforce.

ciau brokenshare

[totalpleite]

Hallo,
was hat das wohl wirklich zu bedeuten?
Wie Tom.com entlassen hatte,stürmten die Verantwortlichen von china.com an die Mikros und versuchten die aufgeschreckten Aktionäre zu beruhigen.Sie verwiesen auf die Cashbestände und versicherten das es keine Entlassungen geben würde.Wie stehts jetzt um deren Glaubwürdigkeit? Das diese Läden anders als ein Kirchenchor gemanagt werden ist klar,aber das was da abgeht irritiert mich doch ein wenig!
schönes Wochenende
totalpleite

[totalpleite]

Hallo,
nochmal ich.Habe gerade unter e-finet diese Meldung mit dem gleichen Inhalt gefunden.
Macht`s gut,cu totalpleite

CN-Markets News
Related Quotes
8006 HONGKONG.COM
0.870 0.010
10:13 19-AUG-2000
Hongkong.com expects operating profit in 12 months

Hongkong.com (8006-HK)announced a layoff plan last night which would affect 47 employees, or 20 pct of its staff. The number involved 10 immediate layoffs and 37 transfers to affiliated companies, most of them from the content prdouction and administration departments.

Chairman of the Website Raymond Chi`en said the Website`s monthly cash `burn rate` is at $500 million, but he expects to see a positive operating profit in 12 months.

[crashmaus]

Hallo,
scheint wirklich die Meldung schlechthin zu sein,da können wir uns am Montag auf was gefaßt machen.ich hab auch eine Version der News gefunden:

hongkong.com Fires 10, 37 Others in Limbo

By Steven Schwankert

Managing Editor, asia.internet.com
[August 18, 2000--HONG KONG] Corporation [GEM 8006] announced Friday it had terminated 10 staff members, and would make "best efforts" to transfer 37 others within chinadotcom`s network of companies.
In a brief written statement, the company said that the staff reductions came "in a move expected to accelerate its profit ramp up and align its personnel structure with its current focus on developing community services and products."
hongkong.com did not say what type of staff were being made redundant, nor did it offer any details on severance packages, except to say "It is the policy of hongkong.com to fully honor all contractual rights of employees." While the company said "hongkong.com will make its best efforts to facilitate transfers for up to 37 more employees to affiliated companies," those staff could ultimately be let go if places were not found for them. At press time the company was unreachable for comment or further details.
Friday`s layoffs follow a decision earlier on August 14 by renren Media to terminate 102 employees from all of the company`s departments except sales and client services.
However, the two companies` circumstances could scarcely be more different. Earlier this month hongkong.comfor 2Q2000, finishing the quarter cash flow-positive thanks to interest earned on proceeds from their 1Q2000 initial public offering on Hong Kong`s Global Emerging Markets (GEM) board. posted Friday by asia.internet.com showed that hongkong.com could continue operations at its present estimated burn rate without generating any further revenue for 83 months--almost seven years, making it one of Hong Kong`s most financially stable Internet companies.
hongkong.com could be preparing to make acquisitions. tom.com which on July 28, announced August 13 acquisitions worth $50 million. Even in the face of large staff cuts, renren.com chief executive officer Michael Robinson said "You will see acquisitions in the future, and we will continue to grow."
On Tuesday, hongkong.com placed third in a published by Internet research firm Interactive Audience Measurement Asia (iamasia).
hongkong.com Corporation is part of chinadotcom Corporation`s network of portals which also include china.com and taiwan.com.

cu crashmaus

[dollar10]

Hallo!
@totalpleite,mit Deinem Kommentar liegst Du richtig!
Schaut Euch die News vom 2.8 ,die ich unten angefügt habe noch mal an,da sagte der CEO von 8006(Ich frage mich langsam von wem die Firma wirklich gemanagt wird,ist es Yip oder Ch`ien ?)
"Wir planen keine Entlassungen,so wie manch andere hier ansäßige Firma ,anstatt dessen setzen wir darauf die Produktivität unser Angestellten zu verbessern".( Das ist meine bescheidene Übersetzung,wer es besser kann ,solls tun )
Jeder der hier Kritik ansetzt,hat damit Recht und Ihr könnt sicher sein das wird geschehen.Unter shareholder-value verstehe ich etwas anderes.
cu $10
Chinadotcom Says No Layoffs Needed Despite Indus Shakeout
August 02, 2000 7:52 AM
HONG KONG -(Dow Jones)- Despite recent layoffs at many local dotcoms, Chinadotcom Corp. (CHINA) Chairman Raymond Ch`ien said Tuesday that he plans to keep his staff at 1,900 worldwide.

"We have no plans to lay off any staff. That level (of staff) should be maintained. What we focus on instead is how to improve productivity of each employee," Ch`ien told reporters.

Unlike many local Internet companies, Chinadotcom, flush with HK$560 million in cash, isn`t facing the threat of dwindling cash reserves due to high advertising expenses and paltry revenues, Ch`ien said.

"We have no need for capital injection....(and) burn rate isn`t an issue for us," he said.

Ch`ien added that that pure content portals or portals focusing on business-to-customer e-commerce will have difficulty surviving the current shakeout.

Over half of the privately held Web portals in Hong Kong and China are in some genuine crisis, he said.

Late Tuesday, Chinese Book Cyberstore filed for voluntary liquidation. Last Friday, Internet portal Tom.com Ltd. (H.TOX) slashed almost 30% of its Hong Kong-based employees, confirming that the local Internet industry has finally entered a major consolidation stage.

The Nasdaq-listed Internet company is slated to announce its second-quarter results next week.

For the first quarter ended March 31, Chinadotcom reported net profit of US$108.5 million, compared with a loss of US$13.0 million for the previous quarter, even though the profit was helped by US$120 million in non-operating gains.

[illo]

hey was ist mit diesen unternehmen los???????

was passiert mit 935774?????????

[Webboris]

Hallo Leute!
Das der Pccwler diesen Thread verlassen hat finde ich traurig!Vielleicht sollten ein paar Leute hier mal ihre Einstellung zu andersgearteten Meinungen überprüfen.
Wenn Leute anderer Ansicht sind,sollte man sie nicht ignorieren sondern mit Argumenten bedienen.
Ich würde mich freuen,wenn wir hier weiterhin einen differnzierten Thread über 8006 führen könnten,auch mit konträren Meinungen....
cu Webbie

[groschen]

Hallo illo,
ja die letzte Nummer finde ich auch krass,gebe dollar10 und totalpleite recht.
cu groschen

[groschen]

Hallo webbie,
schön mal wieder von Dir zu lesen,was Deinen Freund angeht,Dieser ist nicht der Nabel der Welt (auch wenn Er selbst anderer Meinung ist)und wie`s aussieht wird er auch nicht vermißt.Was die Einstellung der Leute hier angeht,so wird diese von mir geteilt.Wenn es um News geht,hier in diesem waren sie bis dato immer drinn,deshalb ist der andere Thread für mich überflüßig.Ich möchte Dich auch freundlichst bitten,falls du mit uns über etwas anderes als 8006 sprechen willst, tu dies bitte über die mailbox.
cu

[Webboris]

@groschen!

Leider muß ich meine Meinung bezüglich dieses Threads ein wenig relativieren.Es kann nicht angehen,daß man Leute hier aus dem Thread rausboxen will.Das entspricht nicht meinem Verständnis von einem Meinungsaustausch.Da der Pccwler diese Praktiken nicht gutheißen wollte,hat er einen eigenen Thread eröffnet.Das mag man finden,wie man will,man sollte ihn jedoch nicht so abqualifizieren,wie du das tust.
Ich werde nach wie vor meine Meinung sagen,so,wie ich es immer tue,im Hongkong.com Thread oder aber in dem anderen,vom Pccwler neu eröffnetem,und hoffe,daß hier niemand diskriminiert wird,welche Meinung auch immer er zu unsrerem baby hat.
Ich bin für jede Meinung offen und hoffe,daß auch Leute bei uns posten,die anders denken.
Denn gerade die Auseinandersetzung hilft anderen künftigen Investoren,Meinungen zu sammeln und zu bewerten.
cu Webbie

[barbie1]

Hallo webbie,
ich glaube Du hast nicht verstanden,ich schließe mich hier den anderen an.Es ist doch kaum zu glauben,dies hier ist Hongkong.com Part 36 und nicht der pccwlerthread.
Du solltest das Angebot mailbox annehmen!
mfg barbie1

[Webboris]

@barbie
Schade,gerade von DIR hatte ich eine andre Haltung erwartet,zumal ich Deine Meinung immer geschätzt habe.Das Andersdenkende hier aus dem Thraed herausgehalten werden sollen,indem man anderen Mitgliedern hier eine Nachricht in die Mailbox schickt,diesen Leuten nicht zu antworten,halte ich für ziemlich bedenklich.Das kann ich nicht gutheißen(siehe meinen obigen Kommentar)
Ich werde mich zukünftig hier im Thread weiter beteiligen,euren Ratschlag jedoch insoweit annehmen,nur noch über 8006 zu schreiben.
Ich verurteile jedoch die Aktion,welche über die Mailbox lief!Desweiteren habe ich den Pccwler als zuverlässigen Berichterstatter schätzen gelernt und finde es unfair,ihn hier zu diskreditieren.
Cu Webbie

[Webboris]

@alle
Die Sache mit dem Weißwurstäquatorkommentar zu 8006 scheint ja mächtig Eindruck gemacht zu haben
Wie 4 Dot schon so treffend formuliert:
Darauf schaut die Welt!!!
Darüberhinaus sollte man allen,die hier schon seit Monaten zu unserem Baby posten mal ein großes Kompliment machen(wo ist eigentlich Barbie????)
Ich finde,wir haben etwas von Aktienkultur hier,macht mich immer wieder fröhlich!
Viele(wie ich auch)sind zu wesentlich höheren Einstiegskursen drin,als so mancher,der hier mal ab und zu den Lauten macht und dann wieder verschwindet.
Dennoch nehmen wir es mit Fassung und teilweise auch mit Humor,was der GEM uns so vorgibt.
Es ist eben auch eine grundsätzliche Frage:
Wer bei 8006 investiert oder investiert ist,sollte einen Faible für das Internet mitbringen und dazu noch viel viel Geduld und Idealismus.
Die Zeiten,als auch in Hongkong die Euphorie für den GEM so groß war,daß die Leute zur TOM.com Zeichnung an den Bankschaltern Schlangen wie in der Ehemaligen beim Bananenverkauf bildeten,ist vorbei.
Nur Qualität und gutes Management wird sich auf Dauer im Portalbereich durchsetzen.Nicht nur im asiatischen Raum.
Da muß man zudem langen Atem haben,deshalb macht es ja soviel Spaß.Und wenn man am Schluß auf der RICHTIGEN Seite war,ist der Spaß noch größer!
Deshalb an alle nochmal:
Dank für die vielen nützlichen Infos,Einschätzungen und die unentbehrlichen zynischen Witzchen beim Kurse kommentieren.
cucu Euer Webbie

Leider ist in Anbetracht der jetzigen Situation hier im Thread dieses Posting nicht mehr haltbar.
Die Kultur läßt doch erheblich nach,leider

[web-master]

webbie,
bitte hör auf damit,es interessiert keinen hier.Du hast es doch gelesen,das Zauberwort heißt mailbox.
Schönen Nachmittag noch cu w-m

[Webboris]

Keiner wird mir meine Meinung verbieten!Weder ein Dollar 10,noch eine Barbie,noch eine Belissima,noch ein Webmaster.Ihr habt durchaus die Möglichkeit,meine Postings zu ignorieren.
Wozu sollte die Mailbox gut sein?
cu Webbie

[mau_mau]

guten tag

habe schon im hongkong part 35 einmal gepostet.
bin wie gesagt neu hier im board und verfolge es schon seit geraumer zeit. mein einstiegskurs ist mit 1 euro ziemlich hoch. leider zu früh gekauft. wie seht ihr den die entwicklung?

dank im voraus
mau_mau

was hat es den mit der mailbox und dem pccwler zu bedeuten?

[ichwillspass!]

Hallo mau_mau,
ich an deiner Stelle würde meine Frage an webbie richten!So wie ich das verstanden habe,übernimmt der jetzt den Laden hier.*lol*
@Pressesprecher webbie bitte kommen!!!!!!!!
ichwillspass! roger and over

[barbie1]

Guten Morgen!
Da hier nun endlich wieder Ruhe eingekehrt ist versuchen wir da weiter zu machen ,wo wir aufgehört haben.Zuerst die Kurse, wo wir noch mal mit einem blauen Auge davon gekommen sind,ich persöhnlich hatte mit einer weit größeren Abstrafung gerechnet:
8006 HONGKONG.COM
Bid Ask

0.850 0.860
Last 0.850
Change 0.020
Daily Chart % Chg -2.30 %
Weekly Chart Open 0.840
Monthly Chart High 0.870
Company News Low 0.840

Dann noch eine lapidare Erklärung zum Pesonalabbau :

14:47 21-AUG-2000
Chinadotcom to absorb staff from Hongkong.com
Chinadotcom chief operation director Peter Hamilton said the company is trying to relocate workers transferred from Hongkong.com (8006-HK)earlier to the right departments.

He added that chinadotcom will have a staffing level of 2,500 by the end of this year.

Hier beschäftigt sich asiainternet.de sowie diverse Nachrichtenagenturen mit china :

Allianz zwischen Chinadotcom und Sohu.com
Charles Zhang, Chief Executive von Sohu.com, wird heute weitere Details zur geplanten Allianz mit Chinadotcom Corp. in einem Fernsehinterview bekannt geben.
Sohu.com mit Sitz in Beijing ist ein Internet Service- Provider. In dem Interview mit Thomas Lau, von Bloomberg, wird es um die Pläne zur Partnerschaft im Allgemeinen, Gründe für die Partnerschaft und den Wettbewerb, Chinas Internetmarkt im Allgemeinen besonders mit einem Blick auf das Wachstum, Sohu.coms Business- Modell, Aktienpreise von Sohu.com und die Verkaufsstrategie von Sohu.com sowie auch um die Seitenabrufe und potentiellen Akquisitionen von Sohu.com, gehen.
Peter Yip von Chinadotcom wird ebenfalls zu ähnlichen Fragen in Bezug auf Chinadotcom Stellung nehmen
-fjs- 21.08.00 08:49:00

SOHU.com Announces Global Advertising Alliance with
chinadotcom`s 24/7 Media Asia

SOHU.Com To Outsource Advertising Sales To Largest And Most
Experienced Provider of Defined Online Advertising Services To
Maximize Revenues Worldwide

NEW YORK & BEIJING, CHINA, Aug. 21 /HK PRNewswire-AsiaNet/ -- 24/7 Media
Asia, the leading provider of interactive advertising marketing
solutions together with SOHU.com, (Nasdaq: SOHU) one of China`s
most popular Internet portals, today announced a global agreement
to provide online advertising placement services for SOHU
worldwide. 24/7 Media Asia, a subsidiary of chinadotcom
corporation, delivers unparalleled Internet advertising and online
direct marketing solutions for advertisers and Web publishers
across Asia, reaching a potential market of over 23.4 million Asian
Internet users. chinadotcom (Nasdaq: CHINA), the leading pan-Asian
integrated Internet company, is the first Asia Internet company to
be listed on NASDAQ in July 1999. SOHU is a leading Internet
communications, media and commerce company in China posting over
23.8 million page views per day with over 4.0 million registered
users.

"The biggest challenge facing Internet companies in Asia today is
developing the market, by working together the industry will help
to establish the Internet as a broadly accepted medium for mass
communication. The agreement with SOHU is significant for us as it
demonstrates our commitment at 24/7 Media Asia to offer independent
services across the Internet marketplace in Asia regardless of
perceived competitive issues," said Peter Yip, Chief Executive
Officer, chinadotcom corporation and Chairman, 24/7 Media Asia.
"Together SOHU and the chinadotcom network of portals offer
tremendous value to advertisers through their combined popularity
in mainland China, and we are confident of providing the
advertisers the best reach and marketing solutions in mainland
China."

Under the agreement, 24/7 Media Asia will become SOHU`s exclusive
global agent to sell its advertising space. 24/7 Media Asia will
use 24/7 Connect - 24/7 Media`s proprietary advertising technology
to serve advertisements directly onto SOHU. 24/7 Connect offers
marked improvement over traditional measuring techniques allowing
for efficient measurement and tracking of campaigns. 24/7 Connect
also offers value-added services like one-to-one marketing and
anonymous user profiling, enabling SOHU to create targeted
marketing campaigns.

"Our site is an attractive advertising vehicle due to its high
visibility in the marketplace and its excellent user demographics,"
said Charles Zhang, chief executive officer of SOHU.com. "In
addition, 24/7 Media Asia`s dedicated pan-Asian business strategy
complements our own and their talented and experienced media
professionals understand our business. We believe 24/7 Media Asia
has the experience and power to effectively market our site as an
important advertising property that enables marketers, web
publishers and advertisers to implement revenue-generating
one-to-one marketing campaigns that will truly interest our portal
users."

SOHU is a leading Internet portal in China in terms of brand
recognition, page views and registered users. The only exclusively
Mainland China-focused portal, SOHU offers navigation/search
capabilities, twelve main content channels, community services and
a platform for e-commerce activities. SOHU also provides the most
comprehensive directory, a fast and highly relevant keyword search,
email, message board, the first Java-based chat room, and virtual
communities. Its twelve branded channels cover news, sports,
business and finance, real estate, IT, education, career, fashion
and women, entertainment and shopping, music and games. SOHU.com
successfully completed its initial public offering on the Nasdaq
market in July of this year.

"Our relationship with SOHU.com is yet another demonstration of our
ability to attract top quality marketing vehicles into our existing
advertising network of 400 sites in Asia," added Mr. Yip. "We`re
confident that SOHU will provide opportunities for both 24/7 Media
Asia`s regional and worldwide advertising clients to reach a
flourishing base of quality Asian Internet users and e-newsletter
subscribers."

About 24/7 Media Asia:
24/7 Media Asia, a chinadotcom corporation company, delivers
unparalleled Internet advertising and online direct marketing
solutions for advertisers and Web publishers across the Asia
region. Its highly targeted ad-serving network includes Greater
China, the ASEAN nations, Australia, South Korea and Japan, and
currently employs over 200 media professionals operating across 10
offices in 9 countries.

The 24/7 Media Asia network of over 400 major website affiliates
attracts a broad set of Asian advertisers and international
companies interested in advertising in Asia. Over 1,000 leading
global and regional advertisers and agencies have used 24/7 Media
Asia`s services, including Sony Corporation, Mitsubishi Motor
Corporation, Compaq, Microsoft, KLM Royal Dutch Airways, Ericsson,
AT&T, Hewlett Packard, Samsung, and Daewoo. 24/7 Media Asia is a
wholly owned subsidiary of chinadotcom corporation [Nasdaq: CHINA]
operating under license from 24/7 Media, Inc [Nasdaq: TFSM].

About chinadotcom corporation
chinadotcom corporation (Nasdaq: CHINA) is a leading pan-Asian
integrated Internet company offering web solutions, portal and
online advertising services. Through its three business units,
chinadotcom provides a full range of Internet services around the
Asia Pacific region that: 1) build e-business strategies and solutions
(Web Connection), 2) distribute content via its portal platform
(china.com, cww.com, hongkong.com, and taiwan.com), and 3) sell
services through online marketing (24/7 Media Asia).

Fuelling the growth of each of these three business units is a
synergistic investment strategy that leverages on chinadotcom`s
existing operational and cost infrastructure.

By partnering with companies that have proven and successful track
records, such as America Online, Softbank, Trans Cosmos and Agence
France Presse, chinadotcom is well-positioned to create long term
shareholder value through its investments.

The company has offices in more than 10 markets, including Japan,
Korea, Australia, Hong Kong, Taiwan, Singapore, Thailand, Malaysia,
and USA. For more information about chinadotcom corporation, please
visit www.corp.china.com.

About SOHU.com
SOHU.com (Nasdaq: SOHU) is one of mainland China`s most recognized
and established Internet brands and indispensable to the daily life
of millions of Chinese who use the portal for their e-mail, home
page, chat, messaging, news, search, browsing and shopping. Apart
from continuous product and services development, SOHU.com also
concentrates its efforts on making the Internet ubiquitously
available, whether in the office, at home or on the road. As of
this release, page views per day have reached 23.8 million and
registered users total 4.0 million. SOHU.com, established by Dr.
Charles Zhang, one of the pioneers of Internet in China, is in its
fourth year of operation.

Safe Harbor Statement
Except for the historical information contained herein, the matters
discussed in this news release are forward-looking statements
involving risks and uncertainties that could cause actual results
to differ materially from those in such forward-looking statements.
Potential risks and uncertainties include, but are not limited to,
SOHU.com`s and chinadotcom corporation`s historical and future
losses, limited operating history, uncertain regulatory landscape
in the People`s Republic of China, fluctuations in quarterly
operating results and the company`s reliance on online advertising
sales for substantially all of its revenues. Further information
regarding these and other risks is included in each company`s
prospectus and in its other filings with the Securities and
Exchange Commission.

SOHU.com Announces Global Advertising Alliance
8/20/00 11:15:00 PM
Source: PR Newswire
With chinadotcom`s 24/7 Media Asia SOHU.com to Outsource Advertising Sales to Largest and Most Experienced Provider of Defined Online Advertising Services to Maximize Revenues Worldwide NEW YORK and BEIJING, Aug. 21 /PRNewswire/ -- 24/7 Media Asia, the leading provider of interactive advertising marketing solutions together with SOHU.com (Nasdaq: SOHU), one of China`s most popular Internet portals, today announced a global agreement to provide online advertising placement services for SOHU worldwide. 24/7 Media Asia, a subsidiary of chinadotcom corporation (Nasdaq: CHINA), delivers unparalleled Internet advertising and online direct marketing solutions for advertisers and Web publishers across Asia, reaching a potential market of over 23.4 million Asian Internet users. chinadotcom, the leading pan-Asian integrated Internet company, is the first Asia Internet company to be listed on Nasdaq in July 1999. SOHU is a leading Internet communications, media and commerce company in China posting over 23.8 million page views per day with over 4.0 million registered users.

Quote Snapshot
CHINA </quote-detail.asp?symbol=CHINA&Whattoget=detailquote> 17.03 0.00

SOHU </quote-detail.asp?symbol=SOHU&Whattoget=detailquote> 6.25 0.00
Top of Form 1
Quotes delayed 20+ minutes Bottom of Form 1
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"The biggest challenge facing Internet companies in Asia today is developing the market, by working together the industry will help to establish the Internet as a broadly accepted medium for mass communication. The agreement with SOHU is significant for us as it demonstrates our commitment at 24/7 Media Asia to offer independent services across the Internet marketplace in Asia regardless of perceived competitive issues," said Peter Yip, Chief Executive Officer, chinadotcom corporation and Chairman, 24/7 Media Asia. "Together SOHU and the chinadotcom network of portals offer tremendous value to advertisers through their combined popularity in mainland China, and we are confident of providing the advertisers the best reach and marketing solutions in mainland China."
Under the agreement, 24/7 Media Asia will become SOHU`s exclusive global agent to sell its advertising space. 24/7 Media Asia will use 24/7 Connect -- 24/7 Media`s proprietary advertising technology to serve advertisements directly onto SOHU. 24/7 Connect offers marked improvement over traditional measuring techniques allowing for efficient measurement and tracking of campaigns. 24/7 Connect also offers value-added services like one-to-one marketing and anonymous user profiling, enabling SOHU to create targeted marketing campaigns.
"Our site is an attractive advertising vehicle due to its high visibility in the marketplace and its excellent user demographics," said Charles Zhang, chief executive officer of SOHU.com. "In addition, 24/7 Media Asia`s dedicated pan-Asian business strategy complements our own and their talented and experienced media professionals understand our business. We believe 24/7 Media Asia has the experience and power to effectively market our site as an important advertising property that enables marketers, web publishers and advertisers to implement revenue-generating one-to-one marketing campaigns that will truly interest our portal users."
SOHU is a leading Internet portal in China in terms of brand recognition, page views and registered users. The only exclusively Mainland China-focused portal, SOHU offers navigation/search capabilities, twelve main content channels, community services and a platform for e-commerce activities. SOHU also provides the most comprehensive directory, a fast and highly relevant keyword search, email, message board, the first Java-based chat room, and virtual communities. Its twelve branded channels cover news, sports, business and finance, real estate, IT, education, career, fashion and women, entertainment and shopping, music and games. SOHU.com successfully completed its initial public offering on the Nasdaq market in July of this year.
"Our relationship with SOHU.com is yet another demonstration of our ability to attract top quality marketing vehicles into our existing advertising network of 400 sites in Asia," added Mr. Yip. "We`re confident that SOHU will provide opportunities for both 24/7 Media Asia`s regional and worldwide advertising clients to reach a flourishing base of quality Asian Internet users and e-newsletter subscribers."
About 24/7 Media Asia:
24/7 Media Asia, a chinadotcom corporation company, delivers unparalleled Internet advertising and online direct marketing solutions for advertisers and Web publishers across the Asia region. Its highly targeted ad-serving network includes Greater China, the ASEAN nations, Australia, South Korea and Japan, and currently employs over 200 media professionals operating across 10 offices in 9 countries.
The 24/7 Media Asia network of over 400 major website affiliates attracts a broad set of Asian advertisers and international companies interested in advertising in Asia. Over 1,000 leading global and regional advertisers and agencies have used 24/7 Media Asia`s services, including Sony Corporation, Mitsubishi Motor Corporation, Compaq, Microsoft, KLM Royal Dutch Airways, Ericsson, AT&T, Hewlett Packard, Samsung, and Daewoo. 24/7 Media Asia is a wholly owned subsidiary of chinadotcom corporation operating under license from 24/7 Media, Inc (Nasdaq: TFSM).
About chinadotcom corporation
chinadotcom corporation is a leading pan-Asian integrated Internet company offering web solutions, portal and online advertising services. Through its three business units, chinadotcom provides a full range of Internet services around the Asia Pacific region that: 1) build e-business strategies and solutions (Web Connection), 2) distribute content via its portal platform (china.com, cww.com, hongkong.com, and taiwan.com), and 3) sell services through online marketing (24/7 Media Asia).
Fuelling the growth of each of these three business units is a synergistic investment strategy that leverages on chinadotcom`s existing operational and cost infrastructure.
By partnering with companies that have proven and successful track records, such as America Online, Softbank, Trans Cosmos and Agence France Presse, chinadotcom is well positioned to create long term shareholder value through its investments.
The company has offices in more than 10 markets, including Japan, Korea, Australia, Hong Kong, Taiwan, Singapore, Thailand, Malaysia, and USA. For more information about chinadotcom corporation, please visit www.corp.china.com .
About SOHU.com
SOHU.com is one of mainland China`s most recognized and established Internet brands and indispensable to the daily life of millions of Chinese who use the portal for their e-mail, home page, chat, messaging, news, search, browsing and shopping. Apart from continuous product and services development, SOHU.com also concentrates its efforts on making the Internet ubiquitously available, whether in the office, at home or on the road. As of this release, page views per day have reached 23.8 million and registered users total 4.0 million. SOHU.com, established by Dr. Charles Zhang, one of the pioneers of Internet in China, is in its fourth year of operation.
Safe Harbor Statement
Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, SOHU.com`s and chinadotcom corporation`s historical and future losses, limited operating history, uncertain regulatory landscape in the People`s Republic of China, fluctuations in quarterly operating results and the company`s reliance on online advertising sales for substantially all of its revenues. Further information regarding these and other risks is included in each company`s prospectus and in its other filings with the Securities and Exchange Commission.
SOURCE SOHU.com



Sohu.com`s Zhang: Chinadotcom Alliance, Profit Outlook
8/20/00 9:18:00 PM
Source: Bloomberg News


Quote Snapshot
CHINA </quote-detail.asp?symbol=CHINA&Whattoget=detailquote> 17.03 0.00

SOHU </quote-detail.asp?symbol=SOHU&Whattoget=detailquote> 6.25 0.00
Top of Form 1
Quotes delayed 20+ minutes Bottom of Form 2
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Hong Kong, Aug. 21, 2000 (Bloomberg) -- Charles Zhang, chief executive of Sohu.com Inc., talks with Bloomberg`s Thomas Lau about the company`s advertising alliance with rival Chinadotcom Corp., profitability concerns, acquisition opportunities and the growth outlook for China`s online market. Beijing-based Sohu.com is an Internet service provider. 01:07 Zhang discusses Sohu.com`s partnership with Chinadotcom. 02:34 Reasons for alliance; competition, China`s Internet market 01:21 Growth outlook, staffing issues; Sohu.com`s business model 02:15 Revenue growth and profit outlook; Sohu.com`s share price 01:01 Sohu.com`s sales strategy: e-commerce services, customers 02:27 "Page view" and comments on possible Sohu.com acquisitions


Chinadotcom`s Yip: Sohu.com Alliance, Internet Strategy
8/20/00 8:56:00 PM
Source: Bloomberg News


Quote Snapshot
CHINA </quote-detail.asp?symbol=CHINA&Whattoget=detailquote> 17.03 0.00

SOHU </quote-detail.asp?symbol=SOHU&Whattoget=detailquote> 6.25 0.00
Top of Form 1
Quotes delayed 20+ minutes Bottom of Form 2
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Hong Kong, Aug. 21, 2000 (Bloomberg) -- Peter Yip (left), chief executive of Chinadotcom Corp., talks with Bloomberg`s Thomas Lau about the company`s decision to form an alliance with Sohu.com Inc., the outlook for profitability and consolidation in the Chinese-language Internet market. Hong Kong-based Chinadotcom is an operator of Asian news and information Web sites. 01:38 Chinadotcom`s decision to form an alliance with Sohu.com 02:20 Outlook for more alliances and industry consolidation 00:55 Chinadotcom`s strategy, business model, "cash position" 02:15 Share performance, outlook for the Internet market in Asia 00:44 Outlook for profitability and second-quarter results 02:41 Staff cuts by Hongkong.com and the Internet industry 01:31 Pageviewers, investments in Australia, Korea, Japan, China 01:24 Outlook for the third quarter: pageviewers, profitability
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Bitte weiter in Part 37