May 26, 2011 (Chinavestor) Chinese stocks continue to trade mixed in Asia. The Hang Seng Index (INDEXHANGSENG:.HSI) advanced 153.5 points or 0.7% while the Shanghai Composite Index (SHA:000001) fell 6.5 points or 0.2%. Both indices have traded in a narrow range lately as investors await for more clues about the health of the global economy.
U.S. listed large cap Chinese stocks advanced, helping the iShares FTSE/Xinhua 25 China Index (NYSE:FXI) to eke out a small gain. But smaller counterparts suffered sending the Guggenheim Small Cap China ETF (NYSE:HAO) lower for the day.
China Green Agriculture (NYSE:CGA), a Chinese fertilizer maker, fell 16.0% after a similar dive a day before. The company issued a statement that it does not comment on unusual stock price moves.