Chinese Net Growth Hits Wall

Everyone’s turning sour on the Chinese Internet sector: “for now, the mythical land of hyper-growth known as China’s Internet sector remains a distant prospect — and the road leading there is proving to be a bumpy one indeed”, writes Kevin Kelleher.

The reason: Ad-supported content and wireless services, areas where many believe the greatest long-term potential lies, continue to suffer from regulatory setbacks and relatively slow growth. Other areas, like games and online travel, are performing much better, but the stocks are trading at dizzying valuation…

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