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Industry Watch

Money flows foretold decline of transportation stocks

Money flows foretold decline of transportation stocks

October 3, 2011 (Chinavestor) Looking at Chinese stocks, the transportation sector presents one of the most interesting money flow chart. The collapse of China Eastern Airlines (NYSE:CEA) as well as China Southern Airlines (NYSE:ZNH) were foretold by this indicator. But the decline was universal, hitting smaller Guangshen Railway (NYSE:GSH) and Seaspan Corp. (NYSE:SSW) as well.

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Industry Watch

CAAS lowers guidance, attractive on valuation

CAAS lowers guidance, attractive on valuation August 12, 2011 (Chinavestor) China Automotive Systems (NASDAQ:CAAS) reported second quarter earnings after the closing bell on Thursday. Highlights: Revenues came out to $82.5 million, repre...
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Industry Watch

China Southern controlled airlines buys six B787 aircraft

China Southern controlled airlines buys six B787 aircraft May 9, 2011 (Chinavestor) China Southern Airlines (NYSE:ZNH), the largest Chinese airline by fleet size, announced that Xiamen Airlines purchased six Boeing B787 series aircraft wirth $1,098 million....
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Industry Watch

Can CAAS lift sector?

Can CAAS lift sector? April 11, 2011 (Chinavestor) Shares of China Automotive Systems (NASDAQ:CAAS) surged 32.5% last Friday after the company reported better-than-expected 2010 fourth quarter numbers. But despite a sign...
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Industry Watch

China Southern Air Falls Despite Record Numbers

China Southern Air Falls Despite Record Numbers March 29, 2011 (Chinavestor) China Southern Airlines (NYSE:ZNH), the largest Chinese carrier, reported full year 2010 numbers today. The company reported record revenue and an 18 times profit growth ...
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