Foreign Markets
Beware Of Chinese Solar Stocks
Chinese solar stocks soared at the end of last week on exciting news. On Friday, JinkoSolar (JKS) announced it won a $1 billion financing deal from China Development Bank Corp. The deal is seen as a major sign the Chinese government is serious about propping up its ailing solar manufacturers. As a result, several Chinese […]
This Chinese Smartphone Stock Is Poised To Soar
Smartphones have been around for a few years now, but they’re still one of the most sought after gadgets on the planet. Recent data show that these revolutionary devices are flying off the shelves at an ever-increasing rate. According to Gartner, global smartphone sales surged 46.9% year-over-year in the third quarter. An impressive 169 million […]
Chinese Stocks Poised For A Rally?
Most stock markets around the world are showing solid gains for the year. Germany’s DAX is up 24.8%, Hong Kong’s Hang Seng is showing a gain of 19.9%, and even Egypt’s CASE 30 index is higher by 53.9% just to name a few. But the stock market of perhaps the world’s most important economy has […]
Hotel Chains Betting Big On China
The US hotel industry has recovered nicely since it was dealt a severe blow by the financial crisis of 2008. After experiencing sharp drops in occupancy, average daily room rates, and revenue per available room in 2008 and 2009, the industry saw steady improvement in these three key metrics in 2010 and 2011. And according […]
All I Can Say Is… Be Prepared!
Are you ready for some volatility? If you think the last few months have been crazy, wait until you see what the stock market has in store for us in coming days. An extremely important news event has the potential to take the market for one heck of a ride. As a result, next week […]
Look Out… The Sleeping Dragon Awakes
China has endured a steady drumbeat of criticism over their economic policies over the past couple of years. And Chinese stocks have become the favorite target of opportunistic short sellers. However, I think investor sentiment on China has finally swung too far to the bearish point of view. And as history has shown time and […]
Ignore The Naysayers… Buy Chinese Stocks!
China’s making headlines again. And once again, it’s for all the wrong reasons. On Friday, China’s National Bureau of Statistics reported that industrial production rose just 9.3% year over year in April. That’s down from 11.9% growth in March. And the number missed estimates for an increase of 12.2%. The disappointing industrial production data follows […]
China GDP: Slower Chinese GDP Growth Bodes Well For Global Economy
The news media is all atwitter over China’s first quarter GDP number. No matter where you look, some pundit claims China’s first quarter GDP growth spells doom for China and the global economy. It’s shock journalism of the most shameless variety. At first blush, the news certainly looks grim. The world’s fastest growing major economy […]
Chinese Stocks: Chinese Stocks About To Get A Boost…
The Chinese government shocked global investors last week. Prime Minister Wen Jiabao said China’s growth target for 2012 has been lowered from 8% to 7.5%. It was a huge departure from China’s current policy. You see, the government has had a growth target of 8% annually since 2005. And most experts believe China’s economy must […]