May 9, 2012 (Chinavestor) Investors may want to know what China stocks move when the market is falling hard. Energy is clearly leading the decline with some high profile tech and services stocks shuffled in. Yanzhou Coal Mining (NYSE:YZC) fell 4.7% this Wednesday as price of oil and coal came down on global economic concerns. China's largest oil producer Petrochina Co. Ltd. (NYSE:PTR) declined 2.8% while CNOOC Ltd. (NYSE:CEO), China's offshore oil producer, lost 3.7% this morning.
Internet giant Baidu.com (NASDAQ:BIDU) fell 2.4% after 1.5 hours of trading weighing down the rest of the sector.
For big movers of the day so far, take a look at the following chart. It list the ten best and ten worst performing Chinese stocks by 11:00 A.M. on Wednesday.
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