The technology sector is healthy, despite recent volatility in share prices, according to a Tom.com official.
Chief executive Carl Chang admitted that poor-quality technology companies existed in the stock market but said only quality plays would survive.
Trading in technology stocks fluctuated widely this week, as regulators and brokers issued warnings about the risks of investing in the sector.
Tom.com's share price, which had fallen 8.71 per cent to $11 on Thursday, bounced back 4.54 per cent yesterday to finish at $11.50.
Mr Chang was speaking after the company had announced the formation of alliances with four sports-related overseas and mainland partners to provide content for its portal.
The partners are International Management Group, Shanghai Maya Online VOD, the China University and High School Sport Associations, and the Chinese Football Association.
