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BIDU leads China stocks higher, again

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advance_11 April 10, 2014 (Chinavestor) Now that the Dow surged 181.04 points and the NASDAQ snapped back as well, let's take a look at NYSE and NASDAQ listed Chinese stocks on Wednesday.

Baidu Inc. (NASDAQ:BIDU) led Chinese stocks higher for the second day in a row. BIDU surged $6.72 and is now closing in on the $160 level, again.

58.com Inc. (NYSE:WUBA) was the second best US listed China play with a $3.58 advance.

Large cap Sinopec (NYSE:SNP) and CNOOC Ltd. (NYSE:CEO) outperformed smaller internet players.

Sina Corp. (NASDAQ:SINA), Sohu.com Inc. (NASDAQ:SOHU) and 51job Inc. (NASDAQ:JOBS) followed industry leader Baidu Inc. higher.

See following chart displaying moves of these Chinese stocks. Bubble size indicates market cap.

mover_20140409

But it wasn't a cake walk for every China listing. 500.com Ltd. (NYSE:WBAI) fell as much as a dollar, far more than any other Chinese ADR.



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