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BIDU weakness continues?

BIDU weakness continues?

March 12, 2014 (Chinavestor) Chinese stocks fell along the market on Wednesday morning. Sinopec (NYSE:SNP) is down $2.67 but it's Baidu Inc. (NASDAQ:BIDU) that raises eyebrows. China's internet giant fell $1.54 this morning after a $6.06 decline a day earlier! SouFun holdings (NYSE:SFUN), 51 job Inc. (NASDAQ:JOBS) and CNOOC Ltd. (NYSE:CEO) is also among stock that continue to trade lower.

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Knowledge base

SFUN, DANG way out there

SFUN, DANG way out there

March 10, 2014 (Chinavestor) A good number of Chinese listings advanced way too fast in the last few days. Such a rally may last when market sentiment is strong, but is also a liability when tables turn. This is the case with E Commerce China Dangadnag (NASDAQ:DANG) and SouFun Holdings (NYSE:SFUN).

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Knowledge base

DANG, SFUN, CISG at stock extremes not YOKU and MPEL

DANG, SFUN, CISG at stock extremes not YOKU and MPEL

March 7, 2014 (Chinavestor) Chinese stocks have gained traction, at last. But some of them advanced way too fast and are ready for a correction. Candidates are E Commerce China Dangdang (NASDAQ:DANG), SouFun Holdings (NYSE:SFUN), CNinsure Inc. (NASDAQ:CISG) and General Steel (NYSE:GSI), among others.Not overbought yet strong momentum holders are Qihoo 360 Technology (NYSE:QIHU) as well as Melco Crown Entertainment (NASDAQ:MPEL).

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Knowledge base

SFUN rally is ok, DANG is overbought

SFUN rally is ok, DANG is overbought

March 5, 2014 (Chinavestor) This is what a 200 points Dow rally translated to on Tuesday: SouFun Holdings (NYSE:SFUN) surged $4.85, by far the most among NYSE and NASDAQ Chinese listings. The advance of Baidu Inc. (NASDAQ:BIDU) was instrumental setting the technology sector on fire. Home Inns & Hotels Management (NASDAQ:HMIN), Trina Solar (NYSE:TSL)  and 51 job Inc. (NASDAQ:JOBS) all advanced. So did the Chinese oil sector: Sinopec (NYSE:SNP), CNOOC Ltd. (NYSE:CEO) and Petrochina (NYSE:PTR) outperformed the rest of the market.

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Knowledge base

BIDU, SNP lead rest higher

BIDU, SNP lead rest higher

February 28, 2014 (Chinavestor) Chinese technology stocks piggybacked US market momentum on Thursday. Baidu Inc. (NASDAQ:BIDU) led the advance with a $6.02 or 3.48% surge. Sohu.com Inc. (NASDAQ:SOHU), Ctrip.com Int. (NASDAQ:CTRP), SouFun Holdings (NYSE:SFUN) and Youku Tudou (NYSE:YOKU) followed the leader higher for the day. Besides technology, Chinese energy stocks rallied the most. Sinopec (NYSE:SNP), China's largest oil refiner, advanced $5.03, twice as much as offshore oil driller CNOOC Ltd. (NYSE:CEO) and Petrochina (NYSE:CEO), China's largest oil producer. Sina Corp. (NASDAQ:SINA), a prominent Chinese internet play, was an exception to the rule. Sina (NASDAQ:SINA) fell $2.41 or 3.42%, four times as much as the rest. Home Inns & Hotels Management (NASDAQ:HMIN) and WuXi Pharma (NYSE:WX) succumbed to profit taking on Thursday.

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