Sina closed up 6%: Analysts are optimistic about the microblogging commercialization prospects

Sina Technology News Beijing time on August 10 morning news, Sina (Nasdaq: SINA) Thursday rose nearly 6 percent, hitting 6-week high, leading US-listed Chinese Internet stocks higher.Laptop Screen

Day, Sina shares in the Nasdaq (microblogging) in regular trading up $ 2.89 to close at $ 52.51, or 5.82 percent, marking the highest closing price since June 22, the highest intraday touched $ 53.02. Over the past 52 weeks, Sina maximum price of $ 114.89, the lowest price is $ 43.12. Used to track the U.S. market with the highest turnover stock 55 index of the Bloomberg-funded concept "(Bloomberg China-US 55 Index) rose by 0.7 percent, to close at 91.49 points. Phoenix New Media (NYSE: FENG) or hit the highest level in seven weeks; SMIC (NYSE: SMI) shares hit a two-month high, mainly due to the HSBC as its rating on the stock to "overweight" (Overweight).Laptop Fan

Sina is given in U.S. Eastern time, August 15 (Beijing time on August 16) released second-quarter earnings after the close of the U.S. stock market.Laptop COMBO(DVD/CD-RW) Drive

U.S. investment firm Roth Capital analyst Adam Kelixike, (Adam Krejcik) said: "Wall Street expects the third quarter outlook may promote their resilience, because the expected microblogging commercialization performed better than expected China's economy and online advertising market conditions have not deteriorated sharply in the Sina may have hit a low for the year. "Android 4.0 Tablet PC

SMIC shares rose $ 0.12 in regular trading of the New York Stock Exchange (microblogging), to close at $ 1.94, or 6.59 percent, marking the highest closing price since two months. Over the past 52 weeks, SMIC is the highest price of $ 3.16, lowest price is $ 1.47.10.1 Inch Tablet PC

Martin (Steven Pelayo), Morrison, an analyst at HSBC Holdings, issued research reports, SMIC's stock rating from "neutral" (Neutral) is raised to "overweight", saying it is moving toward "sustained profitability", partly from Broadcom demand growth and high-pass (microblogging). SMIC in the second quarter sales of $ 421.8 million, an increase of 27% sequentially, an increase of 20 percent over the same period last year; net profit of $ 7.1 million, on a quarterly net loss of $ 42.8 million. SMIC in the second quarter gross margin of 24 percent sequentially and up to double.9.7 Inch Tablet PC

Phoenix New Media shares rose $ 0.21 in regular trading of the New York Stock Exchange to close at $ 3.88, or 5.72 percent. Over the past 52 weeks, Phoenix New Media price of $ 9.45, the lowest price is $ 3.63. Phoenix New Media will be released after the close of the U.S. stock market in the U.S. Eastern time on August 13 (Beijing time on August 14, days), the second-quarter earnings. ELong (Nasdaq: LONG) shares in the Nasdaq in regular trading up $ 0.47 to close at $ 13.66, or 3.56 percent, the highest two-month highs.