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 digest economic data in July

E-mail Print PDF

bear_bullJuly 14, 2011 (Chinavestor) China stocks took a breather on Thursday after a broad rally a day before. The Hang Seng Index (INDEXHANGSENG:.HSI) advanced 13.3 points or 0.1% while the Shanghai Composite Index (SHA:000001) rose 15.0 points or 0.5%.

Zijin Mining ((HKG:2899) (SHA:601899), the largest gold miner in China, rose the most among large caps in both Asia markets as price of gold soared. Resource plays outperformed in Shanghai after China's latest GDP measure exceeded expectations, highlighting China's insatiable appetite for resources. Jiangxi Copper (SHA:600362) was among the best performing components of the Shanghai Composite Index (SHA:000001)along with Western Mining (SHA:601168) and Jinduicheng Molybdenum (SHA:601958).

pre_2011714

Airliners did well in Hong Kong as components of the Xinhua China 25 Index testify. Air China (HKG:0753) was next to Zijin Mining (HKG:2899). Energy stocks did well, too; Petrochina Co Ltd. (HKG:0857) and China Coal (HKG:1898) outperformed the broad market.

pre_2011714_etf

Small caps were mxed in Asia as components of the Guggenheim China Small Cap Fund (NYSE:HAO) testify.



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