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

China stocks mixed in Asia before the bell

E-mail Print PDF

Pre-6-10-tumbChina stocks are expected to open higher on Monday while trading in Asia was mixed. The Shanghai Composite Index <.SSEC> advanced fourth time in a row on Monday, adding 1.6% or 47.10 points to 2,975.36, another record for 2009. Chinese coal miners advanced; China Shenhua, China Coal and Yanzhou Coal all outperformed the broad index.  Huaneng Power A-shares jumped 2.3% on the back of increased generation rate and a proposed electricity price increase. But trading in Hong Kong was different, the Hang Seng Index <.HSI> took a breath after five days of straight gains. The 42 member index shed 71.75 points to 18,528.51 points. Power generators were strong just as was Yanzhou Coal (YZC). But Chinese airliners took the helm of the gains, China Southern Airlines (600029.SS: Quote, Profile , Research)(1055.HK: Quote, Profile , Research)(ZNH: Quote, Profile , Research) jumped HK$.14 or 6.8% followed by Air China (601111.SS: Quote, Profile , Research) (0753.HK: Quote, Profile , Research

 

Chinese stocks listed in American Stock exchanges are expected to trade higher in the morning. While signs are mixed from Asia index futures point to a higher open ahead the bell. There is not a single China ADR that is overbought, a dramatic change from two weeks ago. Overall technical conditions are neutral with a positive bias.

pre_629



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!

Free weekly newsletter

Get hot China stock news every Monday