February 13, 2012 (Chinavestor) Consumer cyclical, capital goods, and consumer durable stocks took the lead among Chinese ADRs for the first six weeks of 2012. Some of the best performers from the consumer cyclical sector: China Automotive Systmes (NASDAQ:CAAS) surged 57.6% YTD while China Zenix Auto (NYSE:ZX) jumped 28.6%. The advance was universal among capital goods stocks thanks to a real estate related broad rally.
February 11, 2012 (Chinavestor) Money flows don't support the rally of Huaneng Power International (NYSE:HNP), the largest independent Chinese power producer.
February 8, 2012 (Chinavestor) Solar makers took the lead by looking at the top ten stocks today. Hopes that Greece will come to term with credits lifted market sentiment and EU sensitive solar plays as well. Trina Solar (NYSE:TSL) is up over 10% before the market close today and has a lot more upside should a deal push through.
February 6, 2012 (Chinavestor) The earnings season has started out with a huge disappointment for Chinese stocks. China's fourth largest web portal Sohu.com Inc. (NASDAQ:SOHU) reported net income of $26.857 million or $.65/share for the fourth quarter, a 45.5% drop from the previous quarter. Investors wonder what's happening at a time when revenues rose to $246.183 million, representing an increase of 6% from previous quarter or 42% YoY. And that this quarter wasn't just a fluke, Sohu.com Inc., (NASDAQ:SOHU) announced EPS estimates of $.55 a share, well short of previous estimates of $1.13 a share. It's not just bottom line that is troubling investors. The company predicts 2012 first quarter revenues somewhere between $219 million and $225 million, well short of $238.2 million analysts were expecting. Is Sohu pulling a Yahoo! (NASDAQ:YHOO)?
February 3, 2012 (Chinavestor) Investors like stocks that have strong technical readings, e.i. are trading above their 50-DMA and 200-DMA at the same time. Here we listed those China stocks that have a market cap above $1 billion and meet this basic technical criteria. Note: all major Chinese energy stocks are on the list such as CNOOC Ltd. (NYSE:CEO), Petrochina Co. Ltd. (NYSE:PTR) and Sinopec (NYSE:SNP). We highlighted the sector earlier in our Newsletters.
