5 Red-Hot China Stocks

China Stock #4 – Shanda Interactive Entertainment (SNDA)

Cell phone content isn’t the only form of entertainment in the People’s Republic. Chinese citizens love their video games, and the premier company
providing those games is Shanda Interactive Entertainment (SNDA).

The company offers a portfolio of entertainment content, including massive multi-player online role playing games that have become almost an addictive
pastime in China. Games such as Latale, Dungeons and Dragons Online and World Hegemony all have nearly cult-like followings among the Chinese, and
many of these games — as well as many others — draw upon various Chinese historical themes, such as the development of the martial arts.

Shanda’s stock price over the past 12-months seems rather tame when compared to the price performance we’ve seen so far, but the shares are still
up a remarkable 79% over the past 12 months.

I rate SNDA an A, making it a strong buy.

NEXT – China Stock # 5 – Universal Travel Group