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Press Release Category Business - Financial - ECON Investor Relations Release Date: August 09, 2005

CAS - Earns Position in Top 15 IPOs of all time

By ECON Investor Relations
August 09, 2005
Send SEND Print PRINT Download PDF Version PDF Contact ECON Investor Relations CONTACT Reports on Recent IPO Success of – Growing Investor Interest in China, and Search Engine Viability Fuel IPO's Surge.

PR9.NET August 09, 2005 - (CAS) an investor and industry news portal for the China-Asia sector and (ISES), a news portal for search engine stocks, report on the recent IPO success of the Chinese search engine giant (NASDAQ: BIDU). The stock's performance on its first day of trading, which saw the share price more than quadruple, placed in the top 15 IPO's of all time.

Experts believe that the increased interest in China's growth potential, combined with the enthusiasm associated with Internet search technology, has helped to push this IPO higher than any US IPO in the past 5 years. Internet usage in China has grown approximately 357% since 2000 and yet the penetration rate still remains low, leading many to speculate on continued growth opportunities. According to Internet World Stats, as of June 2005 there are an estimated 103 million Internet users stemming from a Chinese population of approximately 1.3 billion, representing a penetration rate of only 7.9%. The IPO has also gained attention through its similarities to Google who owns 2.5% in the Company. Despite the fact that both Google and Yahoo have a notable presence in China, many see considerable value in as a specialist in Chinese language search, a valuable asset as the growing numbers of Chinese pages are anticipated to eventually outnumber English pages on the Web.

The CAS and ISES websites do not make recommendations, but offer unique free information portals to research news, exclusive articles, interviews, investor conferences and a growing list of participating public companies in each sector. offers investors research, news and links to public companies within the China-Asia sector. Click here for a partial list of companies doing business in China-Asia: includes a growing list of public companies in the sector. Click here for a partial list of companies involved in the Internet Search Engine industry:

Disclaimer: ECON Investor Relations Inc is the owner of the domain and .

For more information contact:
Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email:, or

Web Site:

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Contact Information of ECON Investor Relations Contact Information of ECON Investor Relations
Phone 800-665-0411
Address 145 Tyee Drive, Pt. Roberts, WA 98281

About offers investors research, news and links to public companies within the China-Asia sector.

About ECON Investor Relations

A leading global investor and industry news and research resource portal including investor newsletters, Blogs, RSS news feeds, investor conferences and forums, audio interviews and exclusive articles.

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