Archive for February, 2010

China Life Science Week in Review

Monday, February 22nd, 2010

ChinaBio Today submits:
Although the China New Year holiday week put a crimp on life science news, it could not stop the flow entirely. Participants saw continued growth in the sector, helped by healthcare reforms, a booming economy and government stimulus. Accordingly, it’s no particular surprise that China life science companies continue to announce [...]

Nasdaq Uplisting Boosts L&L Energy

Monday, February 22nd, 2010

China OTC Player submits:
L&L Energy (LLEN) broke through to new highs last week, marking a record high close on Thursday at $7.83, and advancing to a new intraday high on Friday (as of this writing) of $8.20, surpassing its January 12th intraday high of $8.09.
Several factors have propelled the stock into new territory, including its [...]

Chinese Government Plot? Actually, School Kids Brought Google Down

Monday, February 22nd, 2010

Andy Beal submits:
Computer security experts and the National Security Agency have been hard at work, trying to figure out where in China recent attacks on Google originated.
It turns out that Google (GOOG) did not suffer at the hands of the Chinese government, but, wait for it, school kids.
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China Buying Opportunity?

Monday, February 22nd, 2010

Jim Trippon submits:
New buying opportunities may be popping up as the investment community suffers from a prolonged attack of the jitters. The China ADR Index continues to slide because of uncertainty caused by a number of trends, all of them interacting in unexpected ways.
The number one concern for investors appears to be worry over Beijing’s [...]

Why Chanos Could Lose Big On China Bubble Bets

Monday, February 22nd, 2010

Dian L. Chu submits:
Amid growing fears of a real estate bubble, Chinese officials moved to restrain bank lending and rein in inflation by raising its bank reserve requirements twice in one month. Global financial markets reacted with risk aversion driving up both the U.S. dollar and Treasuries because of concerns that the leading recovery [...]

Government Wises Up to China Sky One, Places Ban on Products

Monday, February 22nd, 2010

Eight products manufactured by China Sky One Medical, Inc. (NASDAQ: CSKI) appear in a Chinese government notice of "counterfeit drug products," which states that pharmacies should "immediately stop the sale" of these products.
The government document is titled "Notice of the Ministry of Health of the People’s Republic of China," dated November 5, 2009, and is [...]

China ETFs: One Country, Many Options

Monday, February 22nd, 2010

Tom Lydon (ETF Trends) submits:
The media may be focusing on China’s problems of the day, but China’s fundamentals look sound and the country’s related exchange traded funds (ETFs) may reflect conditions that are just right.
From the start of the year to last Wednesday, the Shanghai Composite Index and Hong Kong’s Hang Seng both declined [...]

China’s Route to Best Practices: It’s Not M&A

Monday, February 22nd, 2010

David Wolf submits:
In a well-done post on his blog at the Council on Foreign Relations website, Brad Setser takes a contrarian view on why local Chinese banks have been happy to take foreign investment, and why the government has been happy to let them. And it wasn’t about what everyone thought it was.
One more [...]

Some Predictions for China in 2010

Monday, February 22nd, 2010

Patrick Chovanec submits:
I’m visiting the U.S. this week, giving talks at Harvard, MIT, Wharton, and some DC think tanks, and meeting with hedge funds. It’s my first time back in America in nearly a year, and unfortunately my travel schedule has left me with little time to add to this blog — something I [...]

Why There’s No Reason to Worry About China Selling Off Its U.S. Treasury Holdings

Monday, February 22nd, 2010

Marc Chandler submits:

A Real Pig’s Eye

The end is nigh. The irresistible force has encountered the immovable object.

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