China’s internet offers better investment options – William Bao Bean

William Bao Bean by Fons1 via Flickr

As the shake out of industries takes place under the global financial crisis, internet companies in China are becoming more attractive for investments, says William Bao Bean of the SoftBank China & India Holdings (SBCI) to Interfax.
The market has been too expensive in the past few years, but now that is changing:

However, the price adjustment brought about by the global economic downturn will alter this, he said.

“It has taken longer for the global economic downturn to influence China than other countries. I think in the next three to five months, we’ll see some good investment opportunities as the market shakes out,” he said….

Gaming and e-commerce are the most promising online sectors for investment, according to Bean, because they do not rely so heavily on advertising as a source of revenue when compared with other Internet sectors.

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William Bao Bean is also a speaker at the China Speakers Bureau. When you need him at your conference. Do let us know.