StockGuru Blog: China Media Group (CHMD) – Unique License to Advertise In 60,400 Hospitals in China!
China Media Group StockGuru Profile CHMD.OB China’s advertising market has exploded. From not even being on the global radar screen a few years ago, it hit US$6 billion in 2006, and overtook South Korea the year before to become second in Asia only to Japan. Advertisers in the first three months of this year spent almost 40% more than a year earlier, according to ACNielsen Media International. CHMD is licensed to take its message inside hospitals. Foreign companies already in China in health-care have a strong interest in advertising particularly when associated with a healthcare message and INSIDE a hospital.…