December 3, 2013 (Chinavestor) Cyber Monday saw the decline of the energy sector. Chinese oil stocks fell the most among major Chinese ADRs as the following chart testifies.Sinopec (NYSE:SNP) fell almost $2 followed closely by Petrochina (NYSE:PTR) and CNOOC Ltd. (NYSE:CEO).
November 25, 2013 (Chinavestor)Now that the Dow closed above 16,000 for the first time ever, it is interesting to see what Chinese ADRs followed suit the best. Chinese financial, consumer durable, transportation and energy stocks did not disappoint while capital goods and utilities lagged.
November 19, 2013 (Chinavestor) Tuesday is a prime example when Chinese stocks do something American ones don't. They just keep climbing higher even when they are extremely overbought. Petrochina (NYSE:PTR) and China Life Insurance (NYSE:LFC) are among the two most overbought Chinese stocks from yesterday yet they continue to advance on Tuesday.
November 18, 2013 (Chinavestor) Good news China stock investors. Today's rally is not only universal but most of the advance is attributed to larger cap, quality Chinese stocks. Remember when industry leaders move, the rest usually follows.
Chinese oil stocks are on fire. CNOOC Ltd. (NYSE:CEO) is up over $5 today followed closely by Petrochina (NYSE:PTR) and Sinopec (NYSE:SNP).