ArchiveJP Morgan Bullish On Chinese Travel Stocks (LONG, CTRP, SVN, HMIN, HTHT)Posted by Todd Shriber at 10:42AM on November 23rd
JP Morgan is out with some positive comments this morning on several Chinese travel stocks, a sector that is a direct play on the growing number of affluent consumers in the world’s largest country. Despite the bullish sentiment from JP… Home Inns Leads Chinese Travel Rally After Earnings (HMIN, HTHT, SVN, CTRP, LONG)Posted by Jason Smith at 1:06PM on November 11th
Chinese economy hotel chain Home Inns & Hotels (HMIN) spiked by 8% amid a triple-digit Dow sell-off on Thursday after posting better than expected third-quarter results. The company earned $21.6 million, or 26 cents per share, in the three months ended… Hotels In Focus as REITs Ramp Up Acquisitions (SHO, DRH, LHO, HST, SVN, HMIN, HTHT, MAR, HOT, H, L)Posted by Jason Smith at 10:55AM on September 9th
The lodging sector took a hit during the recession, as consumers cut back on vacations and businesses pared travel budgets, but investors are diving back into the market in 2010. Sunstone Hotel Investors (SHO) co-chairman Lewis Wolff explained to Bloomberg that hotels… Three Chinese Sectors Among Street’s Top Performers (CAGC, GRO, FEED, CNOA, HTHT, SVN, HMIN, CEA, ZNH, CMM, AMCN, CHRM)Posted by Jason Smith at 10:18AM on August 20th
The major benchmarks have been up and down over the last month, and while the Dow remains off its lows or the period, the seventh decline in the last nine sessions is erasing more of stocks’ July rally. Despite a… Chinese Travel Shares Soar On Priceline Results (PCLN, EXPE, CTRP, LONG, UTA, SVN, HMIN)Posted by Jason Smith at 2:56PM on August 4th
Online travel booking firm Priceline.com (PCLN) shot ahead by 20% on Wednesday after the company announced its second quarter results, spurring a sympathy rally in the Far East. Priceline’s Q2 net income surged by more than 70% to $115 million or… U.S.-Listed China Shares Slammed On Growth Concerns (CTRP, LONG, UTA, HMIN, CEA, TXIC, CYD, CAAS, YONG, CAGC, CGA)Posted by Jason Smith at 12:04PM on June 29th
The Shanghai Index sold off by more than -4% on Monday and the pressure has carried over to U.S.-listed China shares. Worries that Chinese economic growth may be slowing are sending the broad China Stocks and ADRs Index lower by… Travel, IT Shares Helping China Outperform (LONG, CTRP, HMIN, ZNH, CEA, CPBY, ASIA, YTEC)Posted by Jason Smith at 2:39PM on June 23rd
Domestic benchmarks are trading relatively flat over the past month, but select U.S.-listed China shares have managed to outperform. As a whole, the China Stocks and ADRs Index is ahead by 3.5% for the period with a number of travel firms… Yuan Spurs Rally In U.S.-Listed China Plays (CTRP, ZNH, CEA, LONG, HMIN, CAAS, SORL, BIDU, CAGC, YZC)Posted by Owen Vater at 10:49AM on June 21st
The Chinese markets took off on Monday after the country’s central bank dropped the yuan’s nearly two-year peg to the U.S.-dollar over the weekend. China left interest rates unchanged this morning in what The Wall Street Journal thinks could be an… Barron’s: China Stocks Ready For A Pop, Potentially Despite Economy (STP, CSIQ, YGE, APWR, RINO, CEO, LFC, CHLN, XIN, EJ, CTC, LONG, HMIN, SVN)Posted by Owen Vater at 12:07PM on June 8th
The Chinese equity market has been the topic of much debate recently as bulls tout the country’s rapid economic expansion and bears shout “bubble.” A recent report by Barron’s suggests that in China, equities are nearing a bottom, even as they… eLong Soars After Earnings, Travel Stocks Follow Suit (LONG, CTRP, ZNH, HMIN, AMCN, UTA, PCLN, EXPE)Posted by Ryan Patel at 1:06PM on June 1st
It’s been a wild ride for eLong (LONG) investors over the past year, but those who got in on the last dip are being rewarded handsomely as the stock surges on news that U.S. travel portal Expedia (EXPE) has upped its stake… |
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