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China ADR Wrap July 2, 2010

China ADR Wrap July 2, 2010

July 2, 2010 (Chinavestor) – As expected, Friday's non-farm payroll number didn't provide the jolt the bulls needed to really enjoy the holiday weekend as the Dow Jones Industrial Average extended its losing streak, dropping another 46 points. The Shanghai Composite Index (SHA:000001) saw some relief, adding 0.4%, but the Hang Seng lost 1.1%. The three China-specific ETFs we track were all down on the day. The PowerShares Golden Dragon Halter USX China ETF (NYSE:PGJ) slid 0.63%, the iShares/FTSE Xinhua China 25 Index (NYSE:FXI) lost almost 1% and the Claymore/AlphaShares China Small-Cap ETF (NYSE:HAO) lost almost 0.6%.

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China ADR Wrap July 1, 2010

China ADR Wrap July 1, 2010

July 1, 2010 (Chinavestor) – Stocks extended their slide today with the Dow Jones Industrial Average dropping another 0.4% while the Shanghai Composite Index (SHA:000001) plunge 1%. Fortunately for the Hang Seng, the exchange was closed today. The PowerShares Golden Dragon Halter USX China ETF (NYSE:PGJ), the iShares/FTSE Xinhua China 25 Index (NYSE:FXI) and the Claymore/AlphaShares China Small-Cap ETF (NYSE:HAO) all booked small gains on the day.

Solar stocks were prized by traders on Tuesday, with Trina Solar (NYSE:TSL) leading the large-cap winners with a gain of 6.6%. JA Solar (Nasdaq:JASO) was strong as well, gaining more than 5%. Yingli Green Energy (NYSE:YGE) jumped almost 4% and LDK Solar (NYSE:LDK) and Suntech Power (NYSE:STP) were both up more than 3%.

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China ADR Wrap June 30, 2010

China ADR Wrap June 30, 2010
June 30, 2010 (Chinavestor) – Stocks continued their bearish ways on Wednesday after Tuesday's big losses, with the Dow Jones Industrial Average losing another 96 points, or 1%, to settle at 9,774. The Hang Seng lost another 120 points, or 0.6%, to close at 20,128 and the Shanghai Composite continued its bearish ways, losing 1.2% to finish at 2,398. Wednesday was mixed bag for Chinese ETFs with the PowerShares Golden Dragon Halter USX China ETF (NYSE:PGJ) was up fractionally, but the iShares/FTSE Xinhua China 25 Index (NYSE:FXI) and the Claymore/AlphaShares China 25 Index (NYSE:HAO) both finished the day lower.
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China ADR Wrap June 29, 2010

China ADR Wrap June 29, 2010

June 29, 2010 (Chinavestor) – The signs were all there that Tuesday could be a very bleak day for global equity markets as the Hang Seng took a mighty tumble overnight, falling almost 478 points, or 2.3% to settle at 20,248.90. Things were worse for the Shanghai Composite (SHA:000001), which fell 4.3% to a new 14-month low. U.S. stocks took their cues from the dour performances in Asia with all three major U.S. indexes losing about 3% each.

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China ADR Wrap June 28, 2010

China ADR Wrap June 28, 2010

June 28, 2010 (Chinavestor) The DJIA closed Monday at a moderate loss with no direction and light trade. Chinese shares were mixed in Asia earlier today with Hong Kong registering a small advance while Shanghai fell.

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