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Technical Analysis

BYD Co. Leads Hang Seng Higher

BYD Co. Leads Hang Seng Higher

February 28, 2014 (Chinavestor) The S&P500 rose to a record high on Thursday, setting a positive tone for the rest of the world. US listed Chinese stocks advanced. Baidu Inc. (NASDAQ:BIDU) rose $6.0 and Sinopec (NYSE:SNP), China's largest oil refiner, followed suit. These two industry leaders helped most technology and energy stocks to join the rally. Despite a strong market sentiment in the US, Chinese stocks were looking for direction in Asia on Friday. The Hang Seng Index (INDEXHANGSENG:.HSI) saw a volatile session on Friday. The index was virtually unchanged and so was the Shanghai Composite Index (SHA:000001).

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Technical Analysis

Chinese stocks late February bounce

Chinese stocks late February bounce February 27, 2014 (Chinavestor) Chinese stocks advanced more than the general market on Wednesday after weeks of poor showing. Most US listed Chinese stocks advanced in a surprise move to many invest...
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Technical Analysis

SNP, SHI poised to do well Wednesday

SNP, SHI poised to do well Wednesday February 26, 2014 (Chinavestor) Chinese stocks were mixed in Asia on Wednesday, February 26, 2014. The Shanghai Composite Index (SHA:000001) fell 10.9 points or 1.6% while the Hang Seng Index (INDEXH...
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Technical Analysis

Tesla on fire, more to come

Tesla on fire, more to come February 25, 2014 (Chinavestor) The saying goes "don't fight the market". But sometimes exceptions make rules stronger. This is the case with Tesla Motors (NASDAQ:TSLA) today. Shares of this electric...
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Technical Analysis

Hang Seng, Shanghai fall while S&P hits record

Hang Seng, Shanghai fall while S&P hits record February 25, 2014 (Chinavestor) Chinese stock continue to struggle despite a strong market sentiment in the USA. The Hang Seng Index (INDEXHANGSENG:.HSI) fell 71.36 points or -0.32% while the Shangha...
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