My comment:
(a) !
(b) Two days ago I was impressed by a Chinese company.
Loretta Chao, Strains Deepen in Alibaba-Yahoo Marriage. Wall Street Journal, Sept. 18, 2010.
http://online.wsj.com/article/SB10001424052748703904304575497902496423426.html
Quote:
"Yahoo's stake in Alibaba is worth more than half Yahoo's current market value of around $19 billion.
"The shift in the relationship illustrates how Chinese companies have been particularly successful in the country's Internet sector, which is dominated in every category, from e-commerce to Internet search and instant messaging, by private, locally-managed firms including Baidu Inc. and Tencent Holdings Ltd.
Note:
(a) Paragraph 4 states, "Alibaba fired back, saying it had no plans for an IPO." later it is said, "Its Alibaba.com unit, which went public in 2007, has a market value of nearly $10 billion."
So it seems to me that the Alibaba in paragaph 4 refers to Alibaba Group.
Incidentally, Alibaba.com was listed in the Hong Kong Stock Exchange.
(b) Paragraph 6 says, "Alibaba also dislcosed Yahoo had rebuffed an offer to buy part of Yahoo's stake." The offer is from Alibaba.