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China Finance Centre Increases SAQ Rating of SINA CORPORATION (NasdaqGS:SINA)

August 23, 2007

Recent Performance of SINA CORPORATION (NasdaqGS:SINA)Provide Basis For CFC’s China Business Watch To Increase Stock to Highest Current SAQ Rating




FOR IMMEDIATE RELEASE
(Free-Press-Release.com) August 23, 2007 -- 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 SINA CORPORATION (NasdaqGS:SINA)to 6.2, the highest current rating 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.

SINA is a primary online media company and value-added information service provider for China and for global Chinese communities. The company has announced that it expects continued growth in advertising to help revenue rise between 12 percent and 16 percent in the third quarter. SINA projects revenue between $63 million and $65 million, compared with $56.1 million last year. The company reported second-quarter net income of $14.5 million, or 25 cents per share, compared with $10.4 million, or 18 cents per share, last year.

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.



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Contact Information

  • Name: China Finance Centre/WJ Halenbevck

    Email: ***@attg.net





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