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

Manufacturing data lifts China stocks in Asia

E-mail Print PDF

factoryDecember 1, 2009 (Chinavestor) Chinese stocks continued to advance in Asia on Tuesday following strong Chinese manufacturing data. According to the latest statistics, November manufacturing activity in China accelerated to the fastest speed in five years. The Hang Seng Index advanced 291.62 points to 22,113.15 points, while stocks in Shanghai pushed the Shanghai Composite +40.06 points or 1.25% higher to 3,235.36 points. China Eastern Airline (NYSE:CEA) won final regulatory approval to merge with smaller Shanghai Airlines, creating the nation's second largest airline after Air China. China Southern Airlines (NYSE:ZNH) advanced in Asia following a Goldman Sachs upgrade to buy. Industrial and Commercial Bank of China (HKG:1398) rose 2.3% following news that the world's largest financial institution had no exposure to Dubai.

 

Index futures point to a higher open, suggesting a positive market day for China stocks. For a stock specific report, please read today's overbought/oversold report.

pre-121

Chinese indices rebounded on Monday and Tuesday, leaving Chinese ETFs behind. This makes a case for China related EFTs such as NYSE:CAF, NYSE:FXI and NYSE:PGJ.

index-121



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