December 10, 2013 (Chinavestor) China's search engine giant Baidu.com (NASDAQ:BIDU) rose above $170 for the first time this year. The stock jumped the most among major stocks as the following chart testifies.
NetEase (NASDAQ:NTES) and Youku Tudou (NYSE:YOKU) followed it from a distance.
CNOOC Ltd. (NYSE:CEO) and Petrochina (NYSE:PTR), two of China's largest oil producers, succumbed to profit taking on Monday. The same is true for SouFun Holdings (NYSE:SFUN), a stock that surged 180% YTD!
Sina, Sohu and Ctrip.com (NASDAQ:CTRP) fell on fundamental weakness along with solar stocks like Trina Solar (NYSE:TSL).