#chukong

Shares of mobile game developers could quickly lose investor interest due to stiff competition, while mobile SNS is also likely to suffer from abuse by spamsters and fraudsters.

JD.com’s shares are likely to track upward in the run-up to Alibaba’s mega IPO, which will mark the end of the current window of new listings by Chinese tech firms in New York.

Perfect World’s purchase of a strategic stake in Shanda Games could kick off a much-needed round of consolidation for second-tier online game companies, with 2-3 major deals likely this year.

Chukong will get a mildly positive reception for its IPO that could come as soon as this week, while 58.com’s plan to buy an online recruitment site looks like a smart diversification strategy.

Chukong Technologies looks like a good medium-term bet due to its position in the high-growth mobile games space, but it may have to pull its IPO if sentiment continues to weaken.