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China markets closed on September 23, 2010

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new_year2 September 23, 2010 (Chinavestor) Both key China stock exchanges, Shanghai and Hong Kong, were observing a holiday and were closed for the day, giving no direction for Chinese ADR trading for Thursday.  The Dow Jones Industrial Average (INDEXDJX:.DJI) slid 21.7 points or 0.2 percent as investors digest latest economic news and keep eye on the FED.  The biggest news on the economic front is going to be the release of first-time claims for unemployment benefits, estimated at 450,000.

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Chinese stocks remained volatile with some smaller caps extending their gains. For a recap of China stock trading from yesterday, read China ADR Wrap, September 22.

For a technical analysis of Chinese ADRs before the bell, visit the overbought/oversold report.



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