Australia's swift rate cut saved the day for Asia but Europe still got its woes dragging on markets. So what's the outlook for us today in the U.S.? Looking for clues from index futures isn't much of a help. While the S&P500 futures point to a higher open NASDAQ futures go the other way around. When I look at China ADRs, first thing hits me on my morning screen is this: Chinese companies listed in American exchanges are oversold to a point where they can only come back. Looking at moving averages, there is not a single Chinese stock that is above 20 day moving averages (DMA) not to mention above 50 DMA or 200 DMA.

Steep losses right at the open. The DJIA is down 242 points in the first 15 minutes of trading. Europe and Asia was not any better either. Hong Kong's Hang Seng closed below the 17,000 level not seen since 2006. These losses are attributed to the plunge in the Dow on Friday. So it looks as if the downward spiral has started.

This is a question I hear all the time. I find many Americans skeptical about Chinese companies assuming all Chinese are just a bunch of crooks. The reason I'm writing this article is because I find it important to do some fact finding and educate my fellow Americans that stocks that I follow at Chinavestor are safe and sound - with some exception.

在美国，IPO的中国企业不再仅仅局限于通讯/IT和电子行业，虽然来自这两个行业的企业共占到所有公司数目的62%，但同时也出现了能源、传媒等行业的上市公司（见图2-10）

What a week we had! Last Thursday house rejected the bill, sending the DJIA to dive 777.68 points, a record. Friday was a bounce back just to see where we're going. But on the dark side WaMu ceased to exist, JP Morgan & Chase bought it at a shotgun marriage.

The House of representatives just signed the $700 billion bail out bill. Account of Chinese ADRs following the ceremony.

It seems it is not a good time to talk about Chinese mobile operation industry as people are anxiously waiting for the revised US bail-out plan, and global share markets tumbled in the anxiety. However, as a mater of fact, the credit crunch and liquidity squeeze caused by subprime mortgage crisis have limited impact on Chinese economy.

Given the tremendous impact of the “bail out” plan on American stock markets, this Newsletter is non-traditional in a sense that it will give investors guidance for the upcoming days versus a month. To put latest developments into perspective ...

U.S. investors has some reason to cheer in August as the DJIA continued to eke out some gains. Following a modest 2.1% gain last month the DJIA added another 1.7% in August as oil fell and the green back continued to strengthen. Despite modest showing in the U.S., Asian markets and Chinese in particular, remained weak. The Shanghai Composite Index continued the slide since January losing another 7.6% in August and now stands at a 54.9% loss to year-to-date (YTD). Chinese shares listed on U.S. exchanges, measured by the China ADR Index (CAI), lost another 6.4% followed closely by the Hang Seng Index in Hong Kong.

Good morning. Chinese companies that dropped the most came back strong this morning. This comes as a no surprise after Hong Kong edged higher and index futures pointed to a higher open. Altogether I think we will see insignificant volume until Thursday when the House votes again on a revised bill. If that passes, we're up to a sizeable rally. If fails, I don't know. It better passes the second time.

No comment... Landslide... Among Top 10 China ADR only two managed not to fall. Everywhere else it's red.

Chinese ADRs indulge in a sizeable plunge along the DJIA. TOMO - an ex-ticker for Tom Online is the only green on the screen. All Chinese ADRs are on the retreat as global money flows are exiting Asia and other foreign markets to find safety in U.S. T-bills and related safe havens.