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Earnings, momentum to drive China stocks on Wednesday

Earnings, momentum to drive China stocks on Wednesday

Nov. 18, 2009 (Chinavestor) Earnings and momentum keep pushing Chinese stocks higher. But be careful for the rest of the week because profit taking can hurt overbought stocks. Yanzhou Coal (NYSE:YZC) and China Automotive Systems (NASDAQ:CAAS) are in the danger zone while Sina Corp. (NADAQ:SINA) has more upside left. Chinese airliners fell on Tuesday, as expected. Our advice and email alert sent to subscribers on Monday was a sound advice indeed. WuXi Pharma Tech (NYSE:WX) is out of the overbought list while Canadian Solar (NASDAQ:CSIQ) and Solarfun Power Holdings (NASDAQ:SOLF) are worth paying close attention to.

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China Shares Succumb to Profit Taking in Asia on Tuesday

China Shares Succumb to Profit Taking in Asia on TuesdayNov. 17, 2009 (Chinavestor) Chinese stock fell in Hong Kong but traded sideways in Shanghai following weeks of strong gains. Chinese airliners fell the most after weeks of strong gains while resourc...
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Chinese value stocks of the day

Chinese value stocks of the dayNov. 17, 2009 (Chinavestor) Comments of low interest rates to stay by the FED Chairman pushed lower the dollar, spurred markets and commodities. Chinese ADRs reacted favorably but the number of overbo...
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China stocks advance in Asia on Monday

China stocks advance in Asia on MondayNov. 16, 2009 (Chinavestor) Shares of Chinese companies continued to rally on Monday. The Hang Seng Index advanced +390.35 points or +1.73% to a new 52 week high of 22,943.98. Stocks in Shanghai rose ...
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Strong market day for China stocks on Monday

Strong market day for China stocks on MondayNovember 16, 2009 (Chinavestor) China stock investor - embrace yourself for another exciting market day. You're going to see three important earnings announcements on Monday: Sinovac (AMEX:SVA) before...
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