Chinese Internet Companies See Broad Gains Thursday

Internet companies based in China were on a tear Thursday, with precious little news available to explain the trend.

Online marketplace provider 58.com Inc. WUBA lead the trend with gains of 13.55 percent, trading at $52.11.

E-Commerce China Dangdang Inc. DANG, which offers Chinese language book,s gained 6.39 percent to $12.98.

Chinese Internet provider NQ Mobile Inc. NQ gained nearly five percent to $6.35.

Youku Tudou Inc. YOKU, an online marketer, gained 4.14 percent to $22.90.

And online television company Tencent Holdings Ltd. TCTZF picked up 2.6 percent, to trade at $15.28.