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China Finance Online blames Chinese Stock Market for
Online Stock Market Trading By Philip White
Xi%ƒn is unlike any major city in China, with an intact city wall, quaint local customs and a long history, even by Chinese standards.
Stock Investing Course China's online listed company data provider, China Finance Online, said that weak Chinese stock market results would effect the company's performance.If you would like to receive late breaking news on technologies covered by AXcess News then you need to subscribe. By joining, you can stay ahead of the pack and receive the latest news in your email in-box first.Print This Page
In this issue, the Great Wall of China. The Wall is the longest structure ever built and was erected entirely by hand. The construction of the Great Wall began in the seventh century B.C. At that time, different Chinese kingdoms built walls for defensive purposes. Qin Shi Huang, the first emperor to unify China in 221 B.C., linked three northern kingdoms' walls to prevent Han invasions. The Wall was then more than 10, 000 li long (a li being about a third of a mile). This is the origin of the name commonly used in China, "10, Li Long Wall." The Great Wall was China's primary protective northern barrier for the next two thousand years.
Stock Market Game Feb 10, 2005 (AXcess News) Beijing - China Finance Online Co. Limited (Nasdaq: JRJC), a Chinese online financial information and listed company data provider, today informed investors that the prolonged weak Chinese stock market performance will have negative impact on the business of China Finance Online.
"We are thrilled to be able to offer Acronis' class storage management solutions to the Chinese market, " said Walter Scott, CEO of Acronis. "With Chinese Traditional and Chinese Simplified versions of Acronis True Image, we will be able to address the needs of users throughout North Asia, as well as leveraging the huge market potential of China, Taiwan and Hong Kong."
Stock Investing Game Jun Ning, China Finance Online's CEO blamed the Chinese Stock Exchange's poor performance on the drop in users for JRJCs website citing a steep decline in trading volume on Shanghai Stock Exchange Index as a reason. Ning stated that the SSEI's trading volume was only 28 percent of the levels during the same period last year and that the Index lost 6 percent in value in January alone.
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Journal Prime Rate Street Wall "The current stock market conditions have affected the investor's demand for our service packages. Unless the stock market has a fundamental turn-around in the near future, our revenue in Q1 and whole year of 2005 will be negatively affected," said Ning in a statement released late Thursday.
In China, you do consumer research the same way you do it in the West. The advantage for foreign companies is that most Chinese companies don't bother (or don't know how) to do consumer research. For Chinese companies, just throwing ideas on the shelves and seeing whether they sell is usually cheaper and faster. If you're going to compete with Chinese offerings, market research can give you an edge.
Stock Market News Shares of China Finance Online closed up 7 cents at $9.32 Thursday. But in after hours trading its shares dropped considerably, hitting a low of $8.25, off $1.07, or 11.48%.
Stock Investing Basics The company said it planned to change its online focus to services that were not as dependent on the Chinese Stock Exchange performance, the there was no indication of what investors could look forward to.
Stock Investing Software On the open of NASDAQ trading Friday, investors are apt to see China Finance Online reflect its after-market trading results of Thursday and could possibly fall further on the disappointing news released after the closing bell Thursday. Advertisement
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