Could CCBX become the next monster.com?
Wall Street Loves Chinese Companies there's no question about it.
Just look at some of the other Chinese companies that have ran big in the past few years.
BIDU, up 350% in the first trading day.
SINA up over 1,500% in 18 months.
NTES up over 9,600% in under 2 years. This one went from under $.20 to over $17! Look up the chart.
I don't know if CCBX will ever do these types of gains but if the big wigs on Wall Street ever take notice it may not be at these levels for long!!
With millions of people in China at any one time looking for jobs, screening these people is a monster task.
China's continued growth is being fueled by more than 450 of the top multinational corporations.
Here's the problem: Both Chinese and foreign-invested companies cannot find enough people with the right skill sets to keep China growing!
This is where CCBX steps in.
Even with the largest workforce in the world (total population of 1.3 billion) and a highly educated younger population (China graduated 4.13 million college students In 2006), fewer than one in ten graduates is employable by a multinational corporation.
China has a total population of 1.3 billion, the largest workforce on the planet.
The number of university graduates increased 22% in 2006, with 4.1 million highly-educated Chinese ready to begin careers or a higher degree, its huge educated professional class is now China's greatest natural resource!
But, talk to the head of any Chinese company, and especially to the CEO of a multinational company doing business in China and you'll hear the same message over and over. . .
Chinese and multinational companies alike, are desperate to find qualified Chinese with the needed skill sets to keep their companies growing.
Shortages are most critical at the senior and mid-management level. Two in every 5 companies can't fill senior management positions because qualified Chinese have been lured abroad by higher pay and the western lifestyle.
China has to find a way to meet the demand for well educated workers with the experience and skills needed to keep its expansion going. It's future depends upon having a reservoir of mid-level managers and executives with the foreign language skills required to interact in today's multinational marketplace.
It's a serious problem. But the problem has created a terrific opportunity for CCBX.
CCBX is a sophisticated, fast-moving human resource services company headquartered in Hong Kong, China that's building an enviable reputation for meeting the specialized personnel needs of both Chinese and multinational companies
What makes China Career Builder unique and successful is that all of its senior recruiters have a deep understand both of the needs of the modern business world and the needs and goals of today's highly-educated, upwardly-mobile, hard-working Chinese.
CCBX does everything from screening, recruiting to workshops.
Put CCBX on your watch list, this might turn out to the be the next hot China play. Always do your research and consult with a professional!
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