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As Andreessen sees it, tech stocks are getting treated like steel mills that are on the brink of bankruptcy, not high-growth opportunities. ?As an example, Google has a price-to-earnings ratio of about 20.?(However, a clear counter example is Amazon which now boasts a market value of 4 billion, and a price-to-earnings ratio that’s off the charts at more than 3,000).

Apple also is expected to release an iPhone with minor updates to last year's ,000 model and another version made of cheaper materials, including a 6.1-inch LCD screen. Even so, the cheaper iPhone is still expected to sell for 0 to 0. The cheaper phone also is expected to lose the home button. Price cuts for older models, with the home button, are also likely.

As China is committed to opening its door wider to the rest of the world, multinational businesses are committed to deepening their development footprints in the country as well.

As Orion implied in his concession speech, Amazon’s record spending on the election appears to have backfired. Just two of the seven Amazon-backed candidates were elected last week. The new Seattle City Council has moved further to the left than the previous one and Sawant is already pledging to tax Amazon aggressively.

As China Tower's major shareholders and customers, China's three telecom carriers - China Mobile, China Unicom and China Telecom - will own the stock right respectively at 28.5 percent, 21.1 percent and 20.9 percent after listing.