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Afternoon Spy: China Stocks Are On Fire (RENN, DATE, ANV, CTFO, PCLN, WMT, AAPL, NOK, MMI, RIMM, CSCO)

Posted by Eric Monte at 2:17PM on June 21st

The markets continue to trade with strength today, possibly in anticipation of a favorable outcome of a confidence vote on the Greek prime minister later in the day. In economic news, existing home sales were reported at 4.81 million for…

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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…

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Chinese IT Stocks Stay Hot (HSFT, CNIT, CTFO, CIS, EFUT, VIT)

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…

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Long-Side Traders Winning In Chinese IT, Telecom (VIT, ASIA, YTEC, CTFO, CHU, CHL, CHA)

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…

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Select Chinese Sectors Trimmed By -3% In Market Selloff (ASIA, VIT, CTFO, CAAS, SORL, ZNH, CTRP, CEA, HMIN)

Posted by Jason Smith at 2:15PM on April 27th

International shares are sliding across the board today after S&P dropped its rating on Greece to junk, and emerging sectors are leading the way down. The broad China Stocks and ADRs Index is slipping by -2.2% for the session while select…

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U.S.-Listed China Shares Rebound Hard (CAGC, CGA, YONG, SEED, CPBY, CTFO, VIT, IDI, AMCN, FMCN)

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…

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Market Tug-of-War Could Be Ahead

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…

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Chinese IT Stocks Spike on Earnings, Optimism

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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