China.com,Sina.com;Netease.com,Sohu.com - 500 Beiträge pro Seite

[Webboris]

Ich eröffne hiermit einen neuen Newsthread,der Infos allgemeiner Art über alle chinesischen,an der Nasdaq gelisteten Portale enthalten soll.Ich würde mich über rege Mitarbeit freuen und möchte mich besonders bei PCCWler für seine Arbeit im China.com Thread bedanken.Ich hoffe,du bist mit meiner Vorgehensweise einverstanden(Bündelung der Portale)da es meiner Meinung nach auch bald zu einer Bündelung offiziell kommen wird...


Sina.com urges Wang to sell holdings to employees
(2001/06/29)(Agencies)

Chinese Internet portal Sina.com, embroiled in a public wrangle with ousted chief executive Wang Zhidong, is urging Wang to sell his holdings in a related Internet content provider to Sina staff.

In a story carried on the Sina.com website Thursday, chairman Jiang Fengnian said the company wanted to discuss the issue with Wang, who is embittered at what he calls his illegal removal by the board this month.


Jiang said Wang should "transfer his shares of the Beijing ICP company to Sina`s employees in accordance with related Chinese laws."


"Sina.com wishes to negotiate with Wang on the details of this matter via lawyers and achieve an accord satisfactory to both sides," Jiang was quoted as saying.


Jiang said he and company president Wang Yan had been assured by officials at the Ministry of Information Industry, a regulatory authority, that Sina`s management upheaval would not lead to any government intervention.


"We were moved by their attention to and support for Sina.com," Jiang said.


"They said the government would not interfere in the high-level leadership changes of an enterprise and will continue to support the development of China`s Internet industry as always," he said.


Wang owns 70 percent of the Chinese-registered ICP which supplies Nasdaq-listed Sina.com with its content in China.


China bars foreign investment in ICPs so portals such as Sina.com were forced to spin off content production from other parts of their businesses to gain overseas listings.


Sina shares closed 6.08 percent down Wednesday at US$0.70 after tumbling 4.74 percent Tuesday.





x
cu Webbie

[Webboris]

STRATEGY
Netease shifts business strategy
Jul 2 2001 11:14AM


Homeway


The NASDAQ-listed Chinese Internet portal Netease.com vowed to make major changes in its business model and management after incidents of incorrect reporting of financial revenues and the aborted merger with the Hong Kong-based i-Cable Communications Ltd, China Daily reports.

"We will not rely on advertising for revenues due to the depression of the market in China and the fierce competition with Sina.com and Sohu.com for the pie,`` said founder and acting CEO William Ding in an interview.

Paid wireless services and online entertainment will become two other major sources of revenues.

According to Ding, the two categories will account for about two-fifths of Netease`s revenues by the end of this year.

The main products of paid wireless services include short messaging service (SMS) and an online stock transactions system through co-operation with Fayhoo.com, an online stock services provider.

The company has already acquired more than 700,000 registered users of SMS and 200,000 messages are sent through Netease`s system every day, which is believed to greatly increase the company`s revenues.

Meanwhile, online gaming has become a key revenue channel for Netease, with the business earning more than RMB200,000 (US$24,000) every month with its online game-Stone Age.

"That is only one-fifteenth of the total market share of the game and we have already broken even on that project,`` said William Ding.

"The possibility for Netease to take the total market (US$375,000 per month) is not too unrealistic,`` he added.

The company, faced with the resignations of senior executives, including the CEO and chief operating officer on June 12, will look for new executives next week, and local Chinese are the ideal candidates.

"They must have sufficient knowledge of the Internet industry in China and be able to share the vision of Netease,`` he pointed out.

He also revealed that the investigation into suspicious financial operations last year, which involved about US$3 million, would end next quarter, and reports that Netease could face a group law suit from its investors will depend on the result of the investigation.

Ding also pointed out that in the long run, his company would still seek to merge or co-operate with international companies to sharpen its competitive edge.

Netease`s decision to solve its internal problems and improve its performance on the NASDAQ market indicate that the company is moving in the right direction, although problems still exist.

"Chinese portals must find out where their strength lies. And for Netease, how to take advantage of its reputation among Internet users is very important,`` said Wang Ran, a local Internet strategy analyst.

"Since many problems with Chinese portals were exposed recently, their chances of merging with international buyers will become quite slim, so they must solve the problems and make their development healthy enough to attract overseas investors,`` said a Beijing-based IT analyst.

However, some experts are still doubtful if Netease`s new moves will solve the present conditions. .

"To get more than 40% revenues from channels other than advertising will be a sudden change for the Chinese Web business, which has relied on advertising heavily,`` said the IT analyst.

"If paid services and online gaming can play Netease`s advantages to the fullest is still not clear, as most of the players in the sector are doing similar things,`` he added.

Copyright (c)2001 Beijing Homeway Info.Media Ltd.All Rights Reserved





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[Webboris]

Sina says dispute with ex-CEO to be resolved soon
(2001/07/04)(Agencies)

Sina.com`s highly public dispute with ousted Chief Executive Wang Zhidong doesn`t threaten its business, officials said Tuesday.

Wang still holds a 70 percent stake in the Chinese company that owns the license to operate Sina`s website, despite being removed from his post as chief executive of the Internet portal`s Nasdaq-listed arm.

That has raised concerns that Wang, who is contesting his firing and demanding an undisclosed settlement from Sina, could keep the Chinese company`s revenue from being passed on to the listed unit.

"Under his employment contract, Wang is obliged to return those shares to company-designated persons upon his termination. He`s in the process of transferring those shares," said Hurst Lin, Sina`s co-founder and US general manager.

Lin wouldn`t say what communications Sina has had with Wang on the transfer, but admitted that the company hasn`t yet named a person to receive Wang`s shares.

"This issue should be resolved in the very near future," Lin said, "Chinese law required Wang to return the shares."

That will leave the company, by most measures China`s most popular Internet portal, free to launch the new subscription-based products it has been planning.

Matthew Zhou, executive deputy general manager for marketing, said those products had been delayed by the dispute with Wang and the attendant media attention.

"AOL`s model is worth emulating. We`ll be looking at opportunities to try to move our users to a subscription model," Lin said.

The company posted a loss of US$5.6 million in the quarter ending in March, and is looking to find new sources of revenue as the Internet advertising market collapses.

"Sina is paying the price for being a stand-alone Internet company," Lin said. Internet portals will reach profitability through two ways, he said: consolidation within the industry, and convergence with traditional, off-line media.

"We are calling on management to actively pursue those two directions," Lin said, giving the clearest indication to date that the company is pursuing alliances with other companies.

Lin, citing SEC disclosure rules, declined to comment on whether the company was currently negotiating with any potential acquirers or merger partners.

But he said the company would consider any buy-out opportunity that came its way. "Our stock is trading below cash value, we`re feeling the pressure," Lin said.




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[R.G]

na bitte .. !!!!! :-)

04.07.2001
21:46 MEZ
Durchbruch bei Verhandlungen über WTO-Beitritt Chinas


Mitgliedschaft möglicherweise Anfang 2002



Genf - Bei den Verhandlungen über einen Beitritt Chinas zur Welthandelsorganisation (WTO) sind offenbar entscheidende Fortschritte erzielt worden. Der Schweizer Diplomat, Pierre-Louis Girard, der die Gespräche in Genf leitete, sprach am Mittwoch von einem Durchbruch. Er äußerte sich zuversichtlich, dass die Aufnahme Chinas im November auf einer WTO-Ministerkonferenz in Katar offiziell gebilligt werden kann. In diesem Fall könnte China Anfang kommenden Jahres Mitglied der Organisation werden.
Der chinesische Chefunterhändler, Long Yongtu, sagte, der Zeitpunkt zum Feiern sei noch nicht gekommen. "Es liegt noch eine Menge Arbeit vor uns", sagte Long. Nach Angaben Girards wurden im Laufe der jüngsten Verhandlungsrunde in Genf unter anderem Fortschritte in den Bereichen Patentschutz und Schutz geistigen Eigentums, Landwirtschaft und Subventionen erzielt. (APA/AP)