Mary Meeker on China's Internet Sector

From YahooFinance: Morgan Stanley's Meeker Places Bets On China

"While this week's plunge in the shares of Chinese search engine Baidu.com Inc. (BIDU) demonstrates the risks of excess enthusiasm, Meeker said some companies in China's Internet sector may be among the safer bets for investors to capitalize on the country's stellar economic growth.

""The leaders in the Chinese Internet space are some of the best and the brightest in the country," Meeker told Dow Jones Newswires in an interview Thursday. She adds, however: "There will be more failures than successes in this sector over time."

"Morgan Stanley's analysts have overweight recommendations on just three Chinese Internet companies: travel planner Ctrip.com International Ltd. (CTRP), gaming firm NetEase.com Inc. (NTES) and online content company Tencent Holdings Ltd. (0700.HK)."