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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 Shanghai Composite index (SHA:000001) declined 42.47 points or -2.04% on Tuesday. All this at a time when the S&P 500 hit all time high and the NASDAQ is at 14 year high.

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Technical Analysis

SNP, PTR, SHI defy market, CEO, NTES lack support

SNP, PTR, SHI defy market, CEO, NTES lack support February 21, 2014 (Chinavestor) Selected Chinese oil stocks have been resilient to the market lately. Sinopec (NYSE:SNP), Petrochina Co. (NYSE:PTR) and downstream Sinopec Shanghai Petrochemical (NYSE...
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Technical Analysis

China stocks lack direction except oil companies

China stocks lack direction except oil companies February 20, 2014 (Chinavestor) China's largest oil refiner, Sinopec (NYSE:SNP) jumped $6.49 on Wednesday, by far the most among Chinese ADRs. Petrochina Co. (NYSE:PTR) and Sinopec Shanghai Petrochem...
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Technical Analysis

Chinese stocks up in Asia February 14

Chinese stocks up in Asia February 14 February 14, 2014 (Chinavestor) Chinese stocks rose on the back of advancing US markets. The Dow Jones Industrial Average (INDEXDJX:.DJI) rose 63.7 points or 0.4% after a weak opening, lifting Chines...
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Technical Analysis

China stocks ride on American momentum

China stocks ride on American momentum February 12, 2014 (Chinavestor) The Dow Jones Industrial Average (INDEXDJX:.DJI) surged 193 points or 1.2% on Tuesday closing just below the 16,000 mark. All but one component of the 30 member index ...
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