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Industry Watch

CTFO swings wild after 2010 Q1

CTFO swings wild after 2010 Q1

 

May 14, 2010 (Chinavestor) Excitement surrounding China Transinfo Technology Corp. (NASDAQ:CTFO) waned quickly as investors took a second look at the latest financials. While the company reported stellar profits growth quarter-over-quarter, detailed analysis suggests that is about to change as it consolidates numbers of UNISITS, penetrating into the expressway market.
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Industry Watch

China Eastern to benefit over $25 million from tax exempt rule

China Eastern to benefit over $25 million from tax exempt rule May 7, 2010 (Chinavestor) China Eastern Airlines (NYSE:CEA) (HKG:0670) (SHA:600115), the second largest Chinese carrier after the merger with Shanghai Airlines, estimates that net effects of the ta...
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Industry Watch

ZNH estimates business tax exempt status to bring RMB113 million

ZNH estimates business tax exempt status to bring RMB113 million May 7, 2010 (Chinavestor) China Southern Airlines (NYSE:ZNH) (HKG:1055) (SHA:600029), the largest Chinese airliner in terms of fleet size, estimates that net effects of the tax exemption rule for in...
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Industry Watch

CAAS 2010 Q1 beats expectations, forecasts flat

CAAS 2010 Q1 beats expectations, forecasts flat May 6, 2010 (Chinavestor) Shares of China Automotive Systems (NASDAQ:CAAS), an investor in Chinese car parts makers, jumped 7.40% or $1.43 to $20.75 on Thursday morning by 10:30 following better-t...
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Industry Watch

CAAS tumbles before 2010 Q1 earnings

CAAS tumbles before 2010 Q1 earnings May 5, 2010 (Chinavestor) Shares of China Automotive Systems, Inc. (NASDAQ:CAAS) fell sharply in the first ten minutes of trading on Wednesday. The stocks is trading at $18.25 at 9:40 A.M.,  a lo...
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