MF Global Starts NetEase.com (NTES) at Buy, Sina (SINA), Sohu.com (SOHU) at Sell

An analyst at MF Global initiated coverage on the following China-based Internet companies:

• NetEase.com (Nasdaq: NTES) with a Buy rating and a $55 price target
  
• Sina (Nasdaq: SINA) with a Sell rating and a $65 price target
  
• Sohu.com (Nasdaq: SOHU) with a Sell rating and a $50 price target

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