My last stock pick for 2008: I bought Sina Corporation (NasdaqGS: SINA) December 31, 2008
Posted by deminvest in China stock, investment, SIna.Tags: China SINA Focus Media
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I just bought 50 SINA shares, spending USD 23,84 each for a total amount of $ 1397.
I chose SINA because it is the best Chinese Advertising company. Advertising by SINA is made fopr Chinese consumer, so it is linked to the Chinese internal market, which will be the main leg for Chinese growth in tines in which export will be languishing.
China is reacting well and fast to the economical downturn.
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