In late February, E Commerce China Dangdang Inc. (ADR) (NYSE:DANG) surprised investors and delivered its first profitable quarter since 1Q11, earlier than the market had expected. The company made solid progress in 4Q, especially in inventory management and operation efficiencies. The number of active/new customers and orders all reached record highs, and mobile now contributed ~13% of total orders in 4Q. E Commerce China Dangdang Inc. (ADR) (NYSE:DANG) shares after opening at $11.11 moved to $11.59 on last trade day and at the end of the day closed at $11.01. Company price to sales ratio in past twelve months was calculated as 0.88 and price to cash ratio as 4.58. E Commerce China Dangdang Inc. (ADR) (NYSE:DANG) showed a negative weekly performance of -15.44%.
China Unicom (Hong Kong) Ltd. (ADR) (NYSE:CHU) the nation’s no. 2 telecommunications company, rallied the most since October to lead gains on the Hang Seng Index. China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) shares advanced 5.66% in last trading session and ended the day on $14.38. CHU return on equity ratio is recorded as 8.80% and its return on assets is 3.70%. China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) yearly performance is 4.66%.
China’s biggest telecom carrier said its expansion to Hong Kong eight years ago has proved it can survive in one of the world’s most competitive telecom markets, according to the company’s Hong Kong chief. State-owned China Mobile Communications Corp is the parent company of China Mobile Ltd (ADR) (NYSE:CHL) which has more than 780 million subscribers in the Chinese mainland. But many have said that the company’s position reflects the high barriers to entry in its home market, not its competence. China Mobile Ltd. (ADR) (NYSE:CHL) shares moved up 3.53% in last trading session and was closed at $46.90, while trading in range of $46.83 – $47.29. China Mobile Ltd. (ADR) (NYSE:CHL) year to date (YTD) performance is -10.31%.
Youku Tudou Inc. (ADR) (NYSE:YOKU) revenue growth greatly exceeded the industry average of 11.7%. Since the same quarter one year prior, revenues rose by 47.3%. This growth in revenue appears to have trickled down to the company’s bottom line, improving the earnings per share. Youku Tudou Inc. (ADR) (NYSE:YOKU) weekly performance is -14.92%. On last trading day company shares ended up $22.70. Youku Tudou Inc. (ADR) (NYSE:YOKU) distance from 50-day simple moving average (SMA50) is -21.24%. Analysts mean target price for the company is $192.37.
Baidu Inc. (ADR) (NASDAQ:BIDU) have succeeded in detecting the cause of dangerous WinRAR vulnerability. The leading Chinese Giant has developed effective ways to detect and resolve the problem of New WinRAR vulnerability. The new problem was arising due to the new virus termed as Exploit.WinRar.spoof.gen. It was drastically affecting the performance of WinRAR compression software. Baidu is the leading search engine of China. It is also involved in developing PC, Web and mobile products. Baidu Inc. (ADR) (NASDAQ:BIDU) shares after opening at $150.80 moved to $156.99 on last trade day and at the end of the day closed at $155.15. Company price to sales ratio in past twelve months was calculated as 10.64 and price to cash ratio as 8.80. Baidu Inc. (ADR) (NASDAQ:BIDU) showed a negative weekly performance of -4.82%.