The following video is part of our "Motley Fool Conversations" series, in which Motley Fool senior technology analyst Eric Bleeker and chief technology officer Jeremy Phillips discuss emerging trends in technology.

In today's edition, Eric and Jeremy look at recent earnings in the Chinese Internet space. While Dangdang and Youku were tripped up, NetEase posted surprisingly strong earnings despite Activision blaming weak World of Warcraft sales in China for declining subscriber counts. Since NetEase licenses World of Warcraft in China, that came as a surprise to many investors. In the end, Eric and Jeremy feel NetEase is the Internet stock to buy today for investors still willing to invest in Chinese stocks.

Eric Bleeker and Jeremy Phillips do not own shares of the companies listed above. The Motley Fool owns shares of Activision Blizzard. The Fool owns shares of and has written calls on Activision Blizzard. Motley Fool newsletter services have recommended buying shares of Amazon.com, Activision Blizzard, Baidu, and NetEase.com; and creating a synthetic long position in Activision Blizzard. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.