Speaking of all-time highs, that's the lofty status the Claymore/AlphaShares China SmallCap ETF (NYSE:HAO) rose to on multiple occasions this week. HAO made a new all-time high on Friday at $29.95 before settling at $29.85, up 2.5% for the week. The PowerShares Golden Dragon Halter USX China ETF (NYSE:PGJ) jumped almost 3.5% while the iShares/FTSE Xinhua China 25 Index (NYSE:FXI) rallied 2%.
China Real Estate Information (Nasdaq:CRIC) led the large-cap winners with a weekly gain of almost 16% after rival SouFun's (NYSE:SFUN) IPO was well-received by investors. China Real Estate Information (Nasdaq:CRIC) jumped 5.5% on Friday on volume that was almost triple the daily average.
Internet names were strong as well with Baidu (Nasdaq:BIDU) surging more than 14% while Sohu.com (Nasdaq:SOHU) followed with a gain of 11.4%. Select solar names shined, too, led by a 13.5% jump for JA Solar (Nasdaq:JASO). LDK Solar (NYSE:LDK) was no slouch either, soaring 10.35%. E-House (NYSE:EJ) was a solid performer as well, adding 11.6% for the week. VanceInfo Technologies (NYSE:VIT) impressed with a gain of over 10%.
Chinese airlines soared as China Southern (NYSE:ZNH) and China Eastern (NYSE:CEA) posted gains of 9.6% and 8.85%, respectively. Synutra (Nasdaq:SYUT) rounds out the big winners among large-caps, soaring 8.8%.
The large-cap losers were very manageable this week. New Oriental Education (NYSE:EDU) plunged 6.5% to lead that group. CNinsure (Nasdaq:CISG) lost almost 3%, but that was the only other Chinese large-cap to lose more than 1% for the week. City Telecom (Nasdaq:CTEL), Huaneng Power (NYSE:HNP), China Unicom (NYSE:CHU) and China Yucahi (Nasdaq:CYD) were all in the red for the week, but all lost less than 1%.
It was another exciting week for Chinese small-caps as Gushan Environmental Energy (NYSE:GU) soared almost 35.5% on some acquisition news. Noah Education (NYSE:NED) rallied by more than 23% and China Precision Steel (Nasdaq:CPSL) posted a weekly gain of more than 21%. Give HQ Sustainable Maritime Industries (AMEX:HQS) some credit. That stock advanced by more than 14% on no news.
Chinex (Nasdaq:CHDX) jumped by 13.3% while VisionChina Media (Nasdaq:VISN) surged 12.2%. UTStarcom (Nasdaq:UTSI) was a curious gainer, adding 9.6% on the week, with almost all of that coming on Friday when the stock popped by 8.6% on no news and volume that was nearly double the daily average.
Origin Agritech (Nasdaq:SEED) enjoyed a pop of nearly 9% while eLong (Nasdaq:LONG) and Sutor Technology (Nasdaq:SUTR) round out the small-cap winners with gains of almost 8% each.
The small-cap losers were also easy to deal with. WSP Holdings (NYSE:WH) slipped more than 9% despite firming oil prices. China Information Technology (Nasdaq:CNIT) shed 8.7%. China-Biotics (Nasdaq:CHBT) was the only other small-cap to lose more than 7%, tumbling 7.4% for the week. The9 Ltd. (Nasdaq:NCTY) dropped 5.75% while GigaMedia (Nasdaq:GIGM) and Wonder Auto (Nasdaq:WATG) both gave up more than 5%.
RINO International (Nasdaq:RINO) was back in bear territory this week, slumping by almost 5%. Fuqi International (Nasdaq:FUQI) and Xinhua Sports & Entertainment (Nasdaq:XSEL) remain favorite targets of the bears as both names dropped by more than 4%. Jinpan International (NYSE:JST) caps the small-cap losers with a loss of just 3.33%.