With the recent move in the share price of QIHU on the announcement that they are entering the search business, SOHU is now in play … how high will it go?
With the revelation that the competitive landscape in China's internet is highly dynamic, SOHU is a proven leader in search and video, and the real threat to BIDU. Its methodical R&D investments in search, video, portal and games have positioned it to be well rewarded, with multiple potential outcomes leading to higher valuation.
At the level the market values SOHU today, and with today's business, it is Citron's opinion the company is worth more than 50% or more above its current share prices in the market.
For a real investment opportunity in the present and future of the Internet business in China, read this Citron Report:
/wp-content/uploads/2017/05/CitronLogo2017-350x65-1.png00Citron Research/wp-content/uploads/2017/05/CitronLogo2017-350x65-1.pngCitron Research2012-08-24 05:51:012017-05-30 04:00:17Qihoo entry into search puts SOHU in play