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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-than-expected 2010 first quarter results. The company reported $84.2 million revenues for the first three month, an increase of 88% YoY and a slight increase of $0.1 million from $84.1 million in 2009 Q4. Net income jumped to $10.3 million or $.34/share, up 357.6% YoY.

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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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Industry Watch

UPDATE: China Southern Airlines remains explosive

UPDATE: China Southern Airlines remains explosive April 23, 2010 (Chinavestor) We just published an article yesterday about China Southern Airlines (NYSE:ZNH) arguing that the stock has more upside - at least for the short term. Then its Hong Kong l...
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Industry Watch

China Southern Airlines remains explosive

China Southern Airlines remains explosive April 22, 2010 (Chinavestor) Shares of China Southern Airlines (NYSE:ZNH) advanced for three days in a row thanks to a strong 2009 Annual Report. The company reported 2009 total revenues of RMB54,802...
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Industry Watch

CAAS beats 2009 Q4 estimates

CAAS beats 2009 Q4 estimates March 25, 2010 (Chinavestor) Shares of China Automotive Systems (NASDAQ:CAAS), a highly volatile and liquid NASDAQ listed China stock, advanced +5.5% one hour after the open on Thursday after ...
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