SouFun Holdings Limited (ADR) (NYSE:SFUN)

CAPS Rating: 3 out of 5

SouFun Holdings Limited (ADR)


Player Avatar cdulan (90.68) Submitted: 11/9/2010 5:36:54 PM : Outperform Start Price: $3.85 SFUN Score: +4.15

China + Real Estate + Internet = Rocket to the moon

Recently IPO'd at $26 and did not start trading until it hit $73.

Since there is no financial track record or info in English about this company, I asked my Chinese friend about it. She told me it was very comprehensive in covering real estate listings in many cities in China. Later I found out it is one of the top 50 most visited internet sites in China.

I have no idea about earnings or upcoming opportunities. I just think I am in the right spot at the right time.

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