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

Low volume for China stocks in HK, Shanghai closed

E-mail Print PDF

HKEx_Logo Feb. 18, 2010 (Chinavestor) Global economic recovery hopes fueled European markets on Thursday while China was mostly sleeping. The Chinese New Year celebrations have shut the doors of the Shanghai Stock Exchange for the whole week while trading in the Hong Kong Stock Exchange (HKEx) is limited to three days from Wednesday to Friday. Volume remains low with no significant earnings releases from China this week.  The Hang Seng Index (INDEXHANGSENG:.HSI) fell -11.86 points or -0.54% to 20,422.15 points at the close with stock that fell outnumbering those that advanced eight to one. When it comes to HKEx-NYSE cross-listed blue chips; China Eastern Airlines (HKG:1055) showed resilience but steel, iron and metal stocks fell on the stronger dollar. Shares of Aluminum Corp. of China (HKG:2600) fell -2.7% on Thursday.

Most of the action is taking place in Europe, U.S. and Japan. Devil is always in the details, as the Europeans are finding it out for themselves in regards to Greece's rescue package. Low visibility of the actual rescue package put pressure on the euro sending the green back to 9 month high against it. Stronger dollar sent oil and commodity prices lower, hurting mining and energy companies globally.

pre-2010218

index-2010218

aexpl-obos



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