SEK 0.13% $23.05 seek limited

This article from the Irish Times gives some insight into the...

  1. 54 Posts.
    This article from the Irish Times gives some insight into the group that just purchased what was #3 in the China online recruitment advertising space - ChinaHR.

    http://www.irishtimes.com/business/2.790/saon-joins-the-big-three-with-chinahr-deal-1.1322459

    ChinaHR was run into the ground by an inflexible Monster.com over the past few years and is now a real trophy for the Saon Group who have finally got their hands on a national brand - and picked it up for a song at 30 mil.

    This comes a few weeks after SEK announced its intention to list zhaopin on NASDAQ or in HKG.

    I get the feeling that the recent SEK rally has been driven somewhat by the excitement around spinning zhaopin.com off. I wonder how this acquisition changes their forecasts for China - if at all...
 
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