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JOBS, HMIN, BIDU shine

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sun February 13, 2014 (Chinavestor) The Dow Jones took a breather on Wednesday after four days of hefty gains. And so did US listed Chinese stocks. But some did better than others. As a matter of fact, 51job Inc. (NASDAQ:JOBS) jumped twice as much as any other China stock did. Besides JOBS, the China stock monitor picked up advances of Home Inns & Hotels Management (NASDAQ:HMIN), Baidu Inc. (NASDAQ:BIDU), both NYSE listed Chinese airliners as well. The energy sector was mixed with Petrochina (NYSE:PTR) and Sinopec (NYSE:SNP) advancing but CNOOC Ltd. (NYSE:CEO) succumbed to profit taking.

The saying is true that a good chart is worth a 1000 words. 51job Inc. (NASDAQ:JOBS) advanced over $2, more than twice as much as second best Home Inns & Hotels Management (NASDAQ:HMIN). Remember, size of the bubble represents market cap.

The first larger stock, Baidu Inc. (NASDAQ:BIDU), continued to show strength. Volatility index is high for BIDU but the good news is that the stock has been doing well lately. Even when the market was looking for direction the stock advanced. Sure when things turned bad Baidu Inc. (NASDAQ:BIDU) fell hard but overall there is pattern that BIDU outperformed the overall market. And this is a significant difference among other notable tech stocks. Sohu.com Inc. (NASDAQ:SOHU) and Sina Corp. (NASDAQ:SINA) failed to gain traction in February when the market recovered. But Baidu did!

Chinese airliners, China Eastern Airlines (NYSE:CEA) as well as China Southern Airlines (NYSE:ZNH) fell hard in January. CEA was as low as $15.87 just a few days ago. But value buyers snapped up shares of China's second largest airliner by fleet size and pushed its stock back to above $18. The same goes for China Southern Airlines (NYSE:ZNH).

Oil majors were mixed lately. CNOOC Ltd. (NYSE:CEO) has surged $20 since February 5 and was ripe for profit taking. Less volatile Petrochina (NYSE:PTR) and Sinopec (NYSE:SNP) advanced for they have left a lot of ground to make up. These oil giants failed to advance significantly in the last week.

Finally, there is Sina Corp. (NASDAQ:SINA) on the screen to show it has some strength left. Sina Corp. (NASDAQ:SINA) has been a lot better off than Sohu.com Inc. (NASDAQ:SOHU) or NetEase Inc. (NASDAQ:NTES). But fundamentally none of them are as strong as Baidu (NASDAQ:BIDU). China's Tencent (HKG:0700) is a real threat to online portals like SINA and SOHU but is less so for BIDU.

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