China Market Madness: More Shares Rally
It must be something in the water. A broad range of China stocks are up again today. Most are moving on no news. China Architectural (RCH) Up 58% to a new hight of $21. The 52-week low was $4.80. China…
It must be something in the water. A broad range of China stocks are up again today. Most are moving on no news.
China Architectural (RCH) Up 58% to a new hight of $21. The 52-week low was $4.80.
China Shenghuo Pharmaceutical (KUN) Trading up 51% to a 52-week high of $13 against a $3.10 low over that period.
E-Future Information (EFUT) At least the rally is on some news (24/7 view). Up 51% to $31.35.
China Natural Resources (CHNR) Spiked up 44% to 52-week high of $48.88. A low of $6.50 for that period.
Rally caps in the East.
Douglas A. McIntyre
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McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
