Google to leave China on April 10. Best ways to make money from this? Invest in Baidu?
Google's impending departure from China will create new business and investment opportunities. Beside the obvious choice of investing in Baidu, what other money making possibilities are there? http://www.foxnews.com/scitech/2010/03/19/google-shut-china-search-april/?test=latestnews
Investing - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
if i were Google i would invest in Yahoo... look how wise was "China invested in the USA"... it's a game with no loss... Yahoo grows -- their investments grow too... Yahoo fails -- here they are, with their own branches... feed your enemies -- this keeps them from eating you...
2 :
You're WAY too late to the game. This news came out about three months ago. Since then, Google's share price already went down about 10% and Baidu's up over 30%. There're still speculators pouring money into Bidu, but at these levels it's a lot riskier and the upside is limited. The easy money has already been made. You can trust that FOX does not have the fastest reporting when it comes corporate news and market moving events. Next time, you might want to keep an eye on websites like Reuters, Bloomberg, WSJ or CNBC.
