We've talked a lot recently about China's growing Internet population. By the end of 2008, China had 298 million Internet users, which only accounted for 22.6% of the country's entire population. Talk about opportunity for growth!
Well, one of the hottest industries in China today is the country's online industry. And the Chinese Internet commerce players -- particularly online gaming companies -- have been rather successful this year.
In fact, China's leading online game developer and operator posted revenue growth of 40% and income growth of 36% during the first quarter of 2009. These earning beat analysts' expectations, and the company expects even stronger revenue growth during the second quarter.
I couldn't agree more! The company has recently launched a number of its successful games in Korea, Taiwan and North America. All of which should be successful launches for the company.
Because of the strength of China's online gaming sector and the country's expanding Internet population, I have high expectations for this gaming company. Its shares have already bucked the trend this month. The stock is up 38% in June, and sitting near a new 52-week high.
It's not too late to get on board today. Learn how you can start profiting from China's growing online market now -- join China Strategy!
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