China Finance Centre Increases SAQ Rating of BAIDU.COM, INC. (NasdaqGM:BIDU)
August 30, 2007 (PRLEAP.COM) Business News
CHINA FINANCE CENTRE, the New York based multimedia and trade exposition center expanding business ties between China and the United States, has announced that it has increased its SAQ Ratings of BAIDU.COM, INC. (NasdaqGM:BIDU))to 6.8, one of the highest current ratings in the survey . The SAQ Ratings are set by editors of China Business Watch, the CFC publication that rates the performance of China based companies. An SAQ Rating of 6.0 or higher identifies s stock as a leading performer among companies located or with significant operations in China. Baidu.com, Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu serve individual Internet search users and provides a platform for businesses to reach potential customers. BIDU has a current market cap of $7.2 billion. And its stock is up some 230% since the first week of April.
The Statistical Analysis Quotient Rating (SAQ) Service is an exclusive feature of China Finance Centre that monitors the performance of over 300 stocks of companies with operations in China. The SAQ Report tracks and rates the stocks against a matrix of comparative performance factors, including fundamentals, technical analysis, liquidity, safety, regulatory compliance and timely filings, shareholder relations, and U.S. Trading Market Qualifications. The SAQ rates company performance on a 1-10 scale. SAQ Ratings are published weekly in China Business Watch and updated daily in CBW Daily Ratings Alert service. The ratings and publications can be found at the CFC Web Portal- www.chinafc.net
About CHINA FINANCE CENTRE (CFC)
CHINA FINANCE CENTRE (CFC) is a first of its kind, permanent conference/trade exposition facility, specifically designed to assist, increase and expand investment and business opportunities between China and the U.S. CFC has been developed as a world class, state of the art China Business Exposition- Conference Center and information resource using operations centers both on Wall Street and in mid-town at Rockefeller Center in New York City.
WJ Hallenbeck
President
China Finance Centre
515Madison Ave
New York, NY 10022
Tel 9145880216
Fax 8019269269
eMail: wjhalle@attg.net
Web : www.chinafc.net