Top China ADR Portal

China ADR stock research

transport

Industry Watch

Airliners roll on strong yuan, valuation

Airliners roll on strong yuan, valuation

October 11, 2011 (Chinavestor) Shares of China Eastern Airlines (NYSE:CEA) and China Southern Airlines (NYSE:ZNH) continue to show strength after four days of sound gains. Both companies are listed in Hong Kong as well and their advances are just too good to miss. The good news is that Hong Kong and NYSE prices correlate very closely, helping U.S. investors enjoy gains from Asia.

Chinese transportation stocks fell apart in September, led by airliners. China Southern Airlines (HKG:1055) tumbled 28.8% before making a significant comeback. Shares of China eastern Airlines (HKG:0670) fell just as hard but the recovery hasn't been as strong just yet.

While a technical correction was timely and just, investors have not to forget what the Central Bank of China did yesterday. They set an exchange rate for the Yuan above 6.3479 vs. the greenback, a new low for the US dollar. This is what we had to say following the news yesterday: Ramifications of a Stronger Yuan

 

 
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 ...
Read more...
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...
Read more...
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....
Read more...
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...
Read more...
Page 3 of 9

!!! CHINAVESTOR.COM is for SALE !!!

BUY this domain with all its credentials. Chinavestor.com has been added to Google News and Finance since 2008! Huge web traffic upside potential! Website is optimized for Chinese stocks but can easily be tweaked. Contact Seller Here

sale1
G_news
Check out The Benefits of Getting into Google News!

Free weekly newsletter

Get hot China stock news every Monday