Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of SouFun Holdings (NYSE: SFUN) jumped 10% in early trading after the company released earnings.

So what: Revenue rocketed 68.2% higher in the fourth quarter to $98.9 million, led by listing services, which rose 108.7%. Non-GAAP net income attributable to shareholders didn't quite keep up with revenue, but a 45.9% increase to $42.2 million is nothing to scoff at.

Now what: The company has now reported two great earnings reports as a public company, with the fourth quarter being the most impressive. Fellow Fool Rick Aristotle Munarriz thinks the stock can go higher, and riding this wave of momentum, he may be right. I'm always a little leery of Chinese companies throwing a surprise investors' way, but for now, SouFun looks to be on the right path.

Interested in more info on SouFun Holdings? Add it to your watchlist.

Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.

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