Monday, May 19, 2008

Positive Pali report

Baidu has rallied by viewing online gaming
``as a life saver and growth driver,'' Pali
Capital Inc. said in a report.

U.S. investors in particular have been
``skeptical'' about growth prospects of online
gaming in China, where the Internet fills a void
of ``limited'' entertainment options for young
people, New York-based analyst Tian X. Hou wrote
in a report this month.

``Online gamers comprise approximately 28 percent
of Internet users in China, versus 55 percent in
South Korea,'' the Pali report said. ``We believe
gamer growth will eventually catch up.''

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