Econ Grapher submits:
China Just saw the release of its two PMI indexes for February; the official CFLP (52.2 vs 52.9 prev), and the HSBC (51.7 vs 54.5). Though both indexes fell, they remained above 50 and generally did not point to any significant slowdown. But the warning signal that did come out of the numbers [...]
Noah Education Holdings, Ltd. (NED)
F2Q2011 Earnings Call
March 1, 2011 8:00 AM ET
Executives
Dong Xu – Chairman and CEO
Dora Li – VP, Finance and Controller
Jerry He – EVP and CFO
Analysts
Howard Zhou – Roth Capital Partners
Ella Ji – Oppenheimer
Tony Kamin – Eastwood Partners
Presentation
Operator
Welcome to [...]
Investing Hobo submits:
China Sunergy (CSUN) reported strong earnings when it reported its Q3 2010 earnings last quarter. Revenues grew 7% sequentially to $125.8m on higher average selling prices, as total shipments remained flat quarter over quarter. Net income totaled $15.4m, an increase over the $13.8m recorded in the second quarter. Earnings per share for [...]
Emerging Money submits:
The chart and one single number tell the story here: China Mobile (CHL) is the biggest phone company in the world, but markets have yet to appreciate that fact.
CHL now has 22 million 3G — data or “smart phone” — subscribers, which is a full 45% more than its [...]
Rolf Norfolk submits:
Much has been made of China’s holding of U.S. Treasury securities and what seems to be a pattern of proxy buying via the UK. The Treasury’s figures have now been revised and the UK’s June number fell by $269.2 billion, while the amount re-credited to China rose by $268.4 billion.
Tyler Durden thinks the [...]
New Finance submits:
During my coverage and research of the Internet in China, I’ve uncovered traps and gems. Some companies are grossly overvalued based solely on speculation and future earnings. There are also some stocks that seem comparatively undervalued, given their history of strong earnings, leading market position and growth; Sina Corp (SINA) [...]
China Analyst Ralph Arroyo submits:
I have watched AutoChina (AUTC) and The Forensic Factor’s (TFF) public dialogue with interest (the links to the articles and responses are at the bottom of this article). TFF unearthed some interesting and poignant concerns on accounting, capital, dilution, related party transactions, and management background. However, management’s response was [...]
Arthur Porcari submits:
What’s that old Wall Street saying. “No Good Deed Goes Unpunished”? Well, management and shareholders of US listed, China based, always profitable uncontested leader in Electric Vehicle (EV) manufacturing and “Quick Battery Exchange” (QBE) development, Kandi Technologies (NASDAQ-KNDI), knows the feeling well. As of now, five months after I published my first [...]
L.Desjardins submits:
All Chinese markets dropped last week on fear that the rise in oil prices would reaccelerate inflation in China and weaken the global economy. Hong Kong was particularly sensitive to the oil market, the Hang Seng Index closing the week down 2.5% while the Hang Seng China Enterprises Index was down 3.5%, compared [...]
Erik Wright submits:
Worldwide Clean Energy Investments
A recent report states that the world invested a record high $243B in clean energy last year. This represents nearly five times the total amount invested in 2004 of $51.7B. China’s investment in clean energy grew 30% to $51.1 billion in 2010, making it the country investing most [...]