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July 30 - the Kingsoft members have agree with the resolution that to strip out the non-profitable business such as WPS and Word Power and establish a new company to operate them independently.

There is evidence that Kingsoft will be fully operational drug gangsters, online games such as the revenue contribution to the larger business and gradually faded WPS, Kingsoft and other non-profit business have been signs since the end of last year. December 2007, Kam Shan Lei Jun, president left at the same time, Kingsoft announced that the three major cause of the original group to reduce software, online games two group and to enhance Geke, Zou Tao, senior vice president for were responsible for two Large group of business management and operation work. Software group responsible for the Geke then open to the media that the future of Gold Peak is the overall strategy will focus on the development of the fast-growing online games and rogue drug operations, WPS PowerWord and other forms of business will continue to operate on.
Related data show that, WPS business Although Kingsoft as the symbol of the spirit, but the company has long been unable to profitability of the product, because only through government procurement revenue, so the business can not be long-term, stable development. According to Gold Peak 2008 Q1 fiscal report show, quarterly revenue reached 1.75037 billion yuan, an increase of 68 percent of which, two online games and software business accounted for 69 percent of total revenue and 31 percent, to WPS, PowerWord Based on the profit contribution of other businesses less than 5%. It is worth noting that Kingsoft then tried to high-level media the future of the online games market and the distribution of antivirus software, but Kingsoft WPS and the future planning of the word did not mention.
None of Kingsoft members has yet to comment on the matter, the news from other sources show that the Gold Peak will complete the stripping of Kingsoft and WPS this year.

Thsi Business news is provided from the SK Net Service Company Ltd

With public complaint of having done nothing , the United States Securities and Exchange Commission (SEC) urgently set off a ban on short selling restrictions on the stock market on July 17^th. In the future 30 days after next Monday it is forbidden that investors do the so-called "naked short selling" transactions ,that is, do not borrow the stock in advance, to the 19 U.S. financial stocks such as Fannie Mae and so on.
The SEC’s "limited space", the trade mixed. Some people believe that such initiatives will help to a certain extent, limit the proliferation of short-act to prevent major financial stocks continued diving. But there are also many people believe that these shares dropped from the basic fundamentals or that there is a problem, mandatory restrictions only against the laws of the market to go short of practice and will not play a significant results.

Emergency restrictions "naked short selling"

SEC Chairman Cox on the 15th of the U.S. Senate Banking Committee said that the SFC will require investors in the short-selling the two mortgage agencies Fannie Mae and premises of the United States and the former stock broker, we must borrow the stock, which is to prohibit the so-called "Naked short selling" (naked short selling) behavior.

U.S. stock market to allow Maikongmaikong. Generally refers to the act of short selling investors from brokerage firms, etc. to borrow shares, sell on the market, the future from the market to buy the stock return. If the stock price after investors sold down, investors can earn post.

The so-called "naked short selling" means that investors did not borrow directly in the stock market to sell their shares simply does not exist, as long as the delivery date to buy shares, if investors can not buy shares lead "Delivery failure." In accordance with U.S. law, "naked short selling" behavior is not against the law, but if investors use the "naked short selling" suppressing manipulation of stock prices is violating the law.

SEC spokesman Johannes special day said: "All short-selling investors must be in short borrow shares before the commencement of the contract and timely delivery." This provision will take effect July 21, plans to run for 30 days and May be further delayed.

According to the SEC statement, in addition to Fannie Mae and premises of the United States, "the limited space" will also be for Lehman, Goldman Sachs, Merrill Lynch, Morgan Stanley, such as in the United States listed 17 major financial institutions. This means that within the next month, the company’s stock will be "special care."

SEC said that in extreme cases, loss of market confidence will trigger panic selling, the stock may ultimately lead to "unnecessarily" continued to decline, and even dropped the price far below normal levels. "If a large number of financial stocks be affected, the knock-on effect may wear down the whole market." Authorities also disclosed that does not rule out further "limited space to" further extended to all US-listed shares.

For the latest regulatory initiatives, the industry mixed. Supporters believe that, given the false news difficult to control, the ban may be short-malicious退而求其次choice. Because this may help those who help stabilize the weight of the larger financial stocks, thus easing the market continued to decline.

However, also many voices of opposition. Critics say, SEC "limit the air" but that is their wish to take measures to deal with is a response to external pressure, its practical effect is questionable. Based on past experience, each trying to limit the regulatory authority’s efforts to sell all ended in failure. Moreover, the authorities specified to protect the 19 financial stocks, many companies was in fact the main market to go short.

Professor of Columbia University in New York Jones pointed out that even if the United States successfully restricted to go short, investors can also uninhibitedly short sell U.S. stocks in overseas markets.