Hong Kong-based analyst firm Pacific Epoch is reporting that numerous local media outlets have stated that one of China's biggest operators of online games will soon close down its Beijing office. In the process, 250-300 staffers will be let go. The remaining staff, who operate Shanda's Web portal poptang.com and its music-related businesses, will be offered jobs in Shanghai, where Shanda's headquarters are located. Shanda, which is traded on the NASDAQ stock exchange, was named one of "Five Stocks that Tanked" by financial Web site The Motley Fool in December. The stock lost 64 percent of its value over the course of 2005, according to TMF, losing share to upstart the9.com (which operates World of Warcraft in China) and NetEase, another giant online game operator in China.
zpostcode 
Recruit 
weather 
mreligion 
Yellowpages 
sport 
constellation 
shopping 
name 
game 
directory 
literature 
Word 
tour 
furnish 
Lottery 
tftnews 
lyrics 
News 
digital 
car 
dir 
Edu 
Finance 
