Archive for the 'China Stock' Category

A New Chance for China Marine Food

Tuesday, March 8th, 2011

Dutch Trader submits:
The near future will give new opportunities for U.S.-listed Chinese stocks to differentiate themselves from the masses in a positive way. Lately a lot has happened in the China space and short sellers have profited incredibly the last nine months. Thank God things are changing.
Short sellers are looking for a needle in [...]

Renminbi to Replace the Dollar as King of Currencies? Not Likely

Tuesday, March 8th, 2011

Mark Sunshine submits:
There is a lot of speculation that the dollar is losing ground to the Chinese renminbi and that sooner or later the Fed will share the global stage with Chinese monetary authorities. Chinese government officials and Jeremiad western economic forecasters who claim that the renminbi will replace the dollar as the [...]

Why the Double Standard in Chinese vs. American Solar Stock Valuations?

Tuesday, March 8th, 2011

Rougemont submits:
There is an incredible double standard in how the market values American solar companies vs. Chinese solar companies. I believe the market is making a big mistake by drastically undervaluing the solar companies based in China. This type of undervaluation has existed before, most notably with Baidu (BIDU).

When I first [...]

Where Is the Chinese Real Estate Bubble?

Tuesday, March 8th, 2011

Thomas Pan submits:
Last year, one Fortune article, Chanos vs. China, caught my eye. Particularly, the story told by James is telling.

One day, at a research conference in 2009

Complete Story »

China MediaExpress Holdings: All Eyes on Deloitte

Tuesday, March 8th, 2011

Glen Bradford submits:
Don’t take my word for it. Why don’t you just ask Carson Block, who has been a large supporter of the hypothesis that China MediaExpress Holdings (CCME) is a fraud.

China Media shares have fallen about 21% since Feb. 2, the day before your report was published. What [...]

China: In Pursuit of Conflicting Goals – Which Will Leadership Put Their Weight Behind?

Tuesday, March 8th, 2011

Patrick Chovanec submits:
Yesterday Premier Wen Jiabao gave his annual “work report” to the National People’s Congress (NPC), China’s equivalent of the State of the Union Address. In it, he stressed the government’s commitment to be more open and responsive to the concerns and grievances of its citizens, particularly those who [...]

Spreadtrum Communications Beats, Boosts Guidance, But Faces No-Man’s-Land

Tuesday, March 8th, 2011

Trader Mark submits:
A very nice earnings report from old friend Spreadtrum Communications (SPRD) late last week, along with a big upgrade in revenue guidance. Frankly I am surprised the stock only gained 6% (it was up some 12% in after hours Thursday night). The stock obviously stalled at an almost identical place [...]

Wonder Auto Technology Restating 2008,2009 Annual Reports

Tuesday, March 8th, 2011

Frank Voisin submits:
In another blow to the confidence investors have in Chinese firms, Wonder Auto Technology (NASDAQ: WATG) announced that it would be restating its 2008 and 2009 annual reports. From their 8-k:

Historically, the Company has disclosed in its Annual Report that “revenue from sales of its products is recognized when the [...]

China Media Express: Up on Bad News

Tuesday, March 8th, 2011

Glen Bradford submits:
There you have it. When stocks go up on bad news, the bottom is likely in. Muddy Waters Research came out with more accusations accusing China Media Express (CCME) of all sorts of fraud. For those of you who follow CCME and do not yet know of WCTBills, I encourage you to read [...]

Fushi Copperweld Going Private Could Be Huge for Chinese Equity Valuations

Tuesday, March 8th, 2011

Stone Fox Capital submits:
At first glance, it might not appear that a small Chinese manufacturer of copper wire for various industries would be that crucial to the Chinese small cap sector as a whole. The key is that the Co-CEO has made an offer to take the company private for $11.50, or roughly 20% above [...]