In the following excerpt from the Internet Services Report, an expert analyst discusses the outlook for the sector for investors: TWST: Would you begin with a brief overview of your coverage of the Internet services sector, including some of the specific names you follow? Mr. Hellawell: My team covers most of China's listed Internet names, ranging from Baidu (BIDU) in search, to Tencent (0700.HK) in social and gaming to Sina (SINA) in portal and microblogging. The space also includes several pure-play online gaming companies, e-commerce names, vertical-specific portals, social networks and news portals. TWST: About which subsegment within the Chinese Internet services sector are you most bullish at the moment and why? Mr. Hellawell: We like the larger, diversified platforms.