Top China ADR Portal

China ADR stock research


Warning: strtotime(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home1/chinaves/public_html/libraries/joomla/utilities/date.php on line 56

Warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home1/chinaves/public_html/libraries/joomla/utilities/date.php on line 198

Technology lead China stocks higher

E-mail Print PDF

advance3 February 18, 2014 (Chinavestor) The China ADR Index, a market cap weighted index measuring the performance of all NYSE and NASDAQ listed Chinese stocks, rose 0.25% today despite a hostile market environment. NASDAQ listed Chinese stock outperformed their NYSE counterparts by a wide margin. Baidu Inc. (NASDAQ:BIDU) led the advance not just among technology stocks but instilled a broad rally within the sector as well. BIDU was followed closely by Ctrip.com Int. (NASDAQ:CTRP). Sohu.com Inc. (NASDAQ:SOHU) was another technology stock that followed the industry leader along with Sina Corp. (NASDAQ:SINA). SouFun Holdings (NYSE:MKT:SFUN) as well as YoukuTudou (NYSEMKT:YOKU) and 51job Inc. (NASDAQ:JOBS) outperformed the broad market.

The following chart gives a visual how these Chinese stocks really did. Bubble size represent market capitalization. Again, Baidu Inc. (NASDAQ:BIDU) led the tech sector higher with a remarkable move. It was only Ctrip.com Int. (NASDAQ:CTRP) that came close.

mover_up_20140218

The following table gives out exact numbers by how much these Chinese stocks advanced.

Ticker $ Change Mkt. Cap
BIDU $6.31 60,816
CTRP $5.28 6,870
SOHU $3.92 2,835
SINA $3.43 4,914
JOBS $2.47 2,418
LFC $2.20 81,754
SFUN $1.97 6,621
YOKU $1.84 5,344
JASO $1.23 437
WX $1.04 2,564
China Life Insurance (NYSE:MKT:LFC) is a large cap Chinese life insurer and is not a technology stock. WuXi Pharma (NYSEMKT:WX) is coming from the pharmaceutical sector. All other big movers came from the tech sector according to the table and chart above. 


If you like us, spread the word to the fellow investors on your favorite Social Bookmarking websites
Reddit! Del.icio.us! Mixx! Free and Open Source Software News Google! Live! Facebook! StumbleUpon! TwitThis Joomla Free PHP
 

!!! 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!