Shao Likes Sina, Qihoo, Focus Media, Says `Sell' Renren

Shao Likes Sina, Qihoo, Focus Media, Says `Sell' Renren

Nov. 10 (Bloomberg) -- Jiong Shao, head of Hong Kong and China research at Macquarie Capital Securities, talks about Chinese Internet companies. Tencent Holdings Ltd., China's biggest Internet company by sales, posted a 14 percent gain in third-quarter profit, missing analysts' estimates, after increasing spending to develop new services. Shao speaks in Hong Kong with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)
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