Sina Corp (NASDAQ:SINA) has been handed the toughest punishment yet in the country’s latest crackdown on porn, after Beijing authorities fined the online giant 5.1 million yuan (€590,000) and removed some of its publication licences. Sina owns Sina Weibo, China’s version of the banned Twitter, and the fine comes days after Weibo went public in an IPO in New York. SINA Corp (NASDAQ:SINA) net profit margin is 6.80% and weekly performance is -0.17%. On last trading day company shares ended up $48.07. Analysts mean target price for the company is $89.39. SINA Corp (NASDAQ:SINA) distance from 50-day simple moving average (SMA50) is -18.37%.
Sohu.com Inc. (NASDAQ:SOHU) wants to reintroduce “The Big Bang Theory” in China as it discusses with the government how online video companies can broadcast U.S. programs after four shows were halted last month. Sohu.com Inc. (NASDAQ:SOHU) shares advanced 2.49% in last trading session and ended the day on $55.93. SOHU gross Margin is 64.70% and its return on assets is -4.40%.Sohu.com Inc. (NASDAQ:SOHU) quarterly performance is -21.80%.
Qihoo 360 Technology Co (NASDAQ:QIHU) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report released on Wednesday, American Banking and Market News reports. They currently have a $107.20 price objective on the stock. Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares moved up 2.33% in last trading session and was closed at $77.70, while trading in range of $75.32 – $78.26. Qihoo 360 Technology Co Ltd (NYSE:QIHU) year to date (YTD) performance is -5.30%.
Renren Inc. (NYSE:RENN) a leading real-name social networking Internet platform in China announced the filing of its annual report on Form 20-F for the year ended December 31, 2013 with the Securities and Exchange Commission (the “SEC”).The annual report on Form 20-F was filed with the SEC on April 29, 2014. Renren Inc. (NYSE:RENN) ended the last trading day at $3.29. Company weekly volatility is calculated as 3.49% and price to cash ratio as 1.31.