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BIDU lead tech sell-off on Wednesday

BIDU lead tech sell-off on Wednesday

April 23, 2014 (Chinavestor) A broad sell-off hit Chinese technology stocks on Wednesday. The China ADR Index fell 1.12%, almost twice as much as the broader NASDAQ composite. Internet darling Baidu Inc. (NASDAQ:BIDU) led the decline, followed closely by Sina Corp. (NASDAQ:SINA), 500.com (NYSE:WBAI) and Sohu.com Inc. (NASDAQ:SOHU).

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Oversold SOHU up, but CTRP plunges

Oversold SOHU up, but CTRP plungesApril 15, 2014 (Chinavestor) As the earnings season comes to a full swing, investors tend to act randomly. Volatility is certainly up and this is good news for large cap, boring stocks like IBM. But volatile Chinese stocks suffer as investors rotate out of risky assets.

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Basic material, energy stocks outperform

Basic material, energy stocks outperform

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BIDU, SINA leads decline

BIDU, SINA leads decline

April 7, 2014 (Chinavestor) The Dow Jones Industrial Average fell hard on Monday, again, after Friday's triple digit loss. The Dow lost over 300 points in the last two trading days and is off over 2%. Chinese stocks suffered even more as investors rotated out of risky foreign listings. The China ADR Index, calculated by Chinavestor, only managed to minimize losses thanks to advances in large cap energy stocks. But internet and technology names plunged.

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Basic materials shine, technology stink

Basic materials shine, technology stink

April 7, 2014 (Chinavestor) Chinese stocks were a mixed bag in first week of April. Consumer cyclical, basic material, energy and utility stocks made it to the black however consumer non-cyclical, technology and capital goods stocks fell significantly last week. Health care, services and financial sectors were undecided.

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