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Stocks China Latest Information
China’s Stocks Rise Most in 2 Weeks on Banks, Small Firm Support China’s stocks fell, sending the benchmark index toward its first weekly loss in a month, after industrial companies’ profits and a gauge of service industries expanded at a slower pace. Online Game Stocks Boost Index as Tudou Surges: China Overnight Shanda Games Ltd. and Perfect World Co. drove an index of Chinese U.S.-traded stocks to a seventh weekly gain, as the online game developers’ high cash levels and cheapness compared with U.S. peers spurred analysts to upgrade their stock. China Stocks ‘Untouchable’ to Arbess on Short Selling Chinese stocks traded in the U.S. have been tainted by allegations of fraud involving companies like Sino-Forest Corp. and are “pretty much untouchable,” according to Perella Weinberg Partners LP’s Daniel Arbess. Renren Leads Gain in Web Stocks as Facebook Boosts Appeal: China Overnight Renren Inc. (RENN) led a rally in Chinese Internet stocks traded in the U.S. as Facebook Inc.’s initial public offering plans lure investors to similar companies in the world’s fastest-growing major economy. China’s Stocks Rise on Support for Small Companies, Agriculture China’s stocks rose, rebounding from a two-week low, after Premier Wen Jiabao said the government will support smaller companies and investors speculated the agriculture and banking industries are targeted for more aid. China Stocks Rebound from Two-Week Low on Premier Wen’s Small-Firm Support China’s stocks rose, rebounding from a two-week low, after Premier Wen Jiabao said the government will support smaller companies and investors speculated the agriculture and banking industries are targeted for more aid. Asia Stocks Equal Longest Gain Streak Since ’05 on Factory Data Asian stocks rose for a seventh week, with the regional benchmark matching its longest winning streak since 2005, as improved manufacturing reports in the U.S., China, India and Europe overshadowed a stalemate over Greek debt negotiations. China’s Stocks Advance on Small-Company Support, U.S. Data China’s stocks rose, rebounding from a two-week low, after Premier Wen Jiabao said the government will support smaller companies and investors speculated the agriculture and banking industries are targeted for more aid. European Stocks Post Biggest Weekly Rally of 2012; Xstrata Gains European stocks posted the biggest weekly gain this year, sending the Stoxx Europe 600 Index to its highest level in six months, as manufacturing increased globally and the U.S. jobless rate fell to the lowest in three years. |
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