Ideas for Speculators Among Hard-Hit Chinese Names (CBPO, CHBT, CSKI, CNOA, CGA, SEED, CAGC, RENN, DANG, YOKU, SORL, ZX, CAAS, WATG, ISS, CTFO, CNIT)
Posted by Jason Smith at 8:57AM on June 20th
While the market was positive last week for the first time in six weeks, speculative segments continue to struggle, weighed on by economic concerns, and, for Chinese names especially, ongoing concerns about accounting irregularities.
After last week’s action, Chinese Indexes…
Posted by Todd Shriber at 12:30PM on December 17th
On a mixed day for international stocks in both the developed and emerging markets, Chinese information technology stocks are a standout group with the Chinese IT Stocks Index surging more than 2%.
Leading the charge is HiSoft Technology (HSFT), one of several…
Posted by Jason Smith at 1:52PM on June 28th
U.S.-listed China shares have been mixed over the past month, with select industries rallying by more than 5% while other slip by similar margins. Among the top performers for the period are the telecom and IT segments, where individual shares…
Posted by Jason Smith at 1:25PM on April 20th
Chinese equities hit a recent rough patch as investors fretted over government intervention to curb real estate speculation and the scrutiny around the valuation of the Yuan, but U.S.-listed shares soared higher on Tuesday.
The Chinese Agricultural Stocks Index is ahead by…
Posted by Jim Ambrosio at 4:59PM on February 25th
There was a steep sell-off in stocks early in the day after weekly jobless claims unexpectedly spiked (although snow delaying previous claims was cited as one reason for the surprise). However, the market staged an impressive rally, with stocks finishing…
Posted by Jason Smith at 11:39AM on October 29th
The Chinese information technology sector leapt on Wednesday after impressive earnings from AsiaInfo Holdings (ASIA).
AsiaInfo, a Beijing-based telecommunications software and information technology (IT) play, impressed investors with a 42% spike in year-over-year revenue growth in the third quarter. Net income came…
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