 World Bank member countries on Sunday, April 26, 2010, reached an agreement to shift more power to emerging and developing nations. China’s votes increased to 4.42% from 2.78%, making it the third largest voting power holder in the 186-nation lending organization. United States’ share remained at 15.85% and Japan is in the second place with a 6.84% voting power, down from 7.62%. World Bank President Robert Zoellick said “We were just pleased that we are getting close to reflecting China’s increasing share in world economy, and that is reflected in edited voting share”. During the global financial crisis last year, China’s GDP showed an impressive growth of 8.7% year-over-year, signaling China plays a vital role for world economic growth. In the future, China’s influence to world’s economic will increase even stronger given that China is expected to grow by 10% in 2010, surpassing Japan to become the second largest world economy.
Among today’s top gainers, Shares of L&L International (LLEN), a coal operator serving China’s coal market, slightly bounced back from previous excessive sell off. The stock settled at $11.92 or 11.19% higher. LLEN has a solid support at its rising 50-day moving average. 51job (JOBS) shares had a strong run today, breaking straight through the resistance at $19.69 and finished at $20.52 on three times the average trading volume. AsiaInfo Holdings (ASIA) jumped above the resistance at $30.00 and settled at $32.05 with a 7.48% gain on double its usual trading volume. The next resistance is located at $32.45.
China Biologic Products (CBPO) also had a sharp run-up today. Shares of the company regained the previous loss and further broke through the resistance at $11.5, closing at $11.76 with a gain of 6.23% on nearly two times the average trading volume. CBPO is currently traded well above both 50-day and 200-day moving averages. SinoHub (SIHI) climbed back from the losses in the last few sessions, rallying 4.91% to $2.99. The company today announced that it will present at three upcoming investor conferences in the month of May 2010, including JMP securities research conference, Renn global annual meeting and investor conference, and Rodman & Renshaw annual global investment conference.
Among today’s top losers, China Security & Surveillance Technology (CSR) today announced its 2010 first quarter financial results and its shares nosedived 17.66% to $6.20. Total revenues for the first quarter increased 24.7% to $120.19 million year-over-year. Gross margin was 24.1% compared to 26.0% for the same period last year. Income from operating was $6.97 million versus $7.98 million for the 2009 first quarter. Operating margin was 5.8% versus 8.3% in the first quarter of 2009 as a result of a lower gross margin and higher general and administrative expenses, including non-cash employee compensation. Net income was $3.28 million, or $0.05 per share, compared to $2.00 million, or $0.04 per share for the same quarter last year. Though the company reported growth in both revenue and net income, the decreased operating margin and the lack of guidance for year 2010 worry the investors and further drag the stock price down hard.
Shares of China INSOnline (CHIO) pulled back from previous rally, dropping 6.45% to the 50-day moving average of $0.58. CHIO has been volatile lately. China Housing and Land Development (CHLN) continued its downward trend since the China Government tightened the home-loan guidance. Shares of the company fell 4.36%, closing at $3.51. China Advanced Construction Materials Group (CADC) also continued its downward momentum since two weeks ago. The stock was down 4.08% and is currently treaded below both 50-day and 200-day moving averages. Shares of China Shenghuo Pharmaceutical Holdings (KUN) slipped 3.61% to $0.80 but with very little volume. KUN is a thin volume stock with a 3-month average trading volume of 11,000 shares. The stock currently has a support of $0.78 and resistance of $0.84.
| TOP GAINERS |
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L & L International Holdings (LLEN) |
11.92 |
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1.20 / + 11.19% |
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51job Inc. (JOBS) |
20.54 |
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1.44 / + 7.54% |
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AsiaInfo-Linkage,Inc. (ASIA) |
32.05 |
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2.23 / + 7.48% |
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China Biologic Products, Inc. (CBPO) |
11.76 |
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0.69 / + 6.23% |
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SinoHub, Inc. (SIHI) |
2.99 |
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0.14 / + 4.91% |
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| TOP LOSERS |
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Biostar Pharmaceuticals, Inc. (BSPM) |
4.11 |
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0.99 / - 19.41% |
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China Security & Surv Techno (CSR) |
6.20 |
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1.33 / - 17.66% |
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China America Holdings, Inc. (CAAH) |
0.04 |
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0.00 / - 6.98% |
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China INSOnline Corp. (CHIO) |
0.58 |
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0.04 / - 6.45% |
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China Housing and Land Development, Inc. (CHLN) |
3.51 |
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0.16 / - 4.36% |
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 Yanzhou Coal Mining Co. Ltd. (YZC) files 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]. The Board of Directors (the "Board") of the Company is pleased to announce the audited results of the Company and its subsidiaries for the year ended 31 December 2009. This announcement, containing the full text of the 2009 Annual Report of the Company, complies with the relevant requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in relation to information to accompany preliminary announcements of annual results. Printed version of the Company's 2009 Annual Report will be delivered to the holders of H shares of the Company and available for viewing on the websites of The Stock Exchange of Hong Kong at www.hkexnews.hk and of the Company at www.yanzhoucoal.com.cn on or before 28 April 2010. In 2009, the Group's production of salable coal was 35.77 million tonnes, representing an increase of 0.7% compared with that of 2008. Sales of coal were 38.02 million tonnes, representing an increase of 1.2% compared with that of 2008. Net income attributable to the equity holders of the Company amounted to RMB4,117.3 million, representing a decrease of 36.5% compared with that of 2008.
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 Guangshen Railway Co. Ltd. (GSH) files 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]. The Board of Directors (the "Board") of Guangshen Railway Company Limited (the "Company") is pleased to announce the preliminary consolidated results of the Company and its subsidiaries (the "Group") for the year ended December 31,2009, prepared in accordance with International Financial Reporting Standards ("IFRS") as below: In 2009, the operating revenues of the Company were RMB12,386 million, representing an increase of 5.96% from RMB11,689 million in 2008, among which revenues from passenger transportation, freight transportation, railway network usage and services and other businesses were RMB7,196 million, RMB1,210 million, RMB3,106 million and RMB874 million, respectively, accounting for 58.10%, 9.77%, 25.07% and 7.06% of the total revenues, respectively. Profit from operation was RMB1,747 million, a year-on-year increase of 17.07% from RMB1,492 million; profit attributable to equity holders was RMB1,357 million, a year-on-year increase of 12.01% from RMB1,212 million in 2008.
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 China Security & Surv Techno (CSR) files 10-Q - Quarterly report [Sections 13 or 15(d)]. Following are some financial highlights for the first quarter of 2010: * Revenues: Revenues increased $23.77 million, or 24.7%, to $120.19 million for the three months ended March 31, 2010, from $96.42 million for the three months ended March 31, 2009. * Gross margin: Gross margin was 24.1% for the three months ended March 31, 2010, compared to 26.0% for the three months ended March 31, 2009. Such decrease was primarily due to a change of product mix and lower sales prices. * Income from operations: Income from operations decreased $1.01 million, or 12.7%, to $6.97 million for the three months ended March 31, 2010, from $7.98 million in 2009. * Operating margin: Operating margin (the ratio of income from operations to revenues, expressed as a percentage) was 5.8% for the three months ended March 31, 2010, compared to 8.3% in 2009. * Net income: Net income increased $1.28 million, or 64.0%, to $3.28 million for the three months ended March 31, 2010, from $2.00 million for the three months ended March 31, 2009.
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 China TransInfo Technology Corp. (CTFO) files 8-K - Current report. BEIJING, April 22 -- China TransInfo Technology Corp., (Nasdaq: CTFO), ("China TransInfo" or the "Company"), a leading provider of public transportation information systems technology and comprehensive solutions in the People's Republic of China ("PRC"), today announced that the Company launched its Fleet Management Service business in Hunan Province, following the official debut of its Information and Control System ("IC System") for the World Expo in Shanghai.
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 China BAK Reports Second Quarter Fiscal Year 2010 Financial Results. SHENZHEN, China, April 26 /PRNewswire-Asia-FirstCall/ -- China BAK Battery, Inc. ("China BAK", the "Company", or "we") (Nasdaq: CBAK), one of the world's largest lithium-ion battery cell manufacturers, today announced its financial results for the second quarter of fiscal year 2010 ("Q2 2010"). Recent Achievements and Highlights: -- Revenues in Q2 2010 increased 23.5% year-over-year and 0.4% sequentially; -- Revenues from cylindrical cells used in notebook computers surged 65.0% to $13.4 million sequentially and were up 45.1% from same quarter of last year. China BAK now supplies three out of the six largest notebook OEM makers in the world;
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 CNinsure Announces Cash Dividend. GUANGZHOU, China, April 25 /PRNewswire-Asia-FirstCall/ -- CNinsure Inc. (Nasdaq:CISG - News), a leading independent insurance intermediary company operating in China, today announced that its Board of Directors has declared a cash dividend of US$0.013 per ordinary share, equivalent to US$0.26 per American Depositary Share.
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 China Marine Food Group Ltd. Concludes Groundbreaking Ceremony for New Cold Storage Facility. SHISHI, China, April 26 /PRNewswire-Asia-FirstCall/ -- China Marine Food Group Ltd. ("China Marine" or the "Company") (NYSE Amex: CMFO), a manufacturer of seafood-based snack foods, marine algae-based soft drinks and distributor of fresh and frozen marine catch, today announced that it concluded a ceremonial groundbreaking for its new cold storage facility on April 17, 2010.
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China Security & Surveillance Technology, Inc. Reports First-Quarter 2010 Financial Results. China Security & Surveillance Technology, Inc. ("CSST" or the "Company") (NYSE: CSR; Nasdaq Dubai: CSR), a leading integrated security and surveillance solution provider in the P.R.C., today reported its first-quarter 2010 results highlighted by the rapid growth of demand for CSST's products and services in China.
CSST's first-quarter revenues totaled $120.19 million, net income was $3.28 million and diluted EPS was $0.05. |
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 Stock Alert for Melco Crown Entertainment Ltd. Issued by MicroStockProfit. DALLAS, April 26, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Melco Crown Entertainment Ltd. (Nasdaq:MPEL - News). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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 Changyou Reports First Quarter 2010 Results. BEIJING, April 26 /PRNewswire-Asia/ -- Changyou.com Limited ("Changyou" or the "Company") (Nasdaq: CYOU), a leading online game developer and operator in China, today announced its unaudited financial results for the first quarter ended March 31, 2010.
-- Total revenues reached a record US$72.1 million, an increase of 2%
quarter-over-quarter and 17% year-over-year, which was within the
Company's guidance.
-- Net income reached a record US$39.7 million, or US$0.75 per fully
diluted ADS(1). Net income increased by 2% quarter-over-quarter and 19%
year-over-year.
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 Sohu.com Reports First Quarter 2010 Unaudited Financial Results. BEIJING, April 26 /PRNewswire-Asia/ -- Sohu.com Inc. ( SOHU), China's leading online media, communications, search, online games and wireless value-added services group, today reported unaudited financial results for the first quarter ended March 31, 2010.
First Quarter 2010 Highlights(1)
-- Total revenues were US$129.5 million, up 12% year-over-year, exceeding
the high end of the Group's guidance.
-- Brand advertising revenues were US$39.5 million, near the high end of
the Group's guidance.
-- Online game revenues reached a record US$72.1 million, up 17%
year-over-year and 2% quarter-on-quarter, within the Group's guidance.
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|  | The China 100 Stock Index closed Monday, April 26, 2010:
1,028.49  1.49 (0.14 %) | | | L & L International Holdings (LLEN) led the Gainers closing 4/26/2010:
11.92  1.20 (11.19 %)
| | | Biostar Pharmaceuticals, Inc. (BSPM) was the Index biggest loser closing 4/26/2010:
4.11 0.99 (19.41 %)
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| | The China Vesting Large Cap Stock Index (Panda) closed Monday, April 26, 2010:
1,068.02 0.48 (0.05 %) | | | AsiaInfo-Linkage,Inc. (ASIA) led the Index closing 4/26/2010:
32.05 2.23 (7.48 %)
| | | Changyou.com Limited (CYOU) was the Index biggest loser closing 4/26/2010:
34.15 1.08 (3.07 %)
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| | The China Vesting Small and Mid Cap Stock Index (Tiger) closed Monday, April 26, 2010:
1,048.18 2.97 (0.28 %) | | | L & L International Holdings (LLEN) led the Index closing 4/26/2010:
11.92 1.20 (11.19 %)
| | | China Security & Surv Techno (CSR) was the Index biggest loser closing 4/26/2010:
6.20 1.33 (17.66 %)
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| | The China Vesting Undervalued Stock Index (Dragon) closed Monday, April 26, 2010:
948.01 12.18 (1.27 %) | | | SinoHub, Inc. (SIHI) led the Index closing 4/26/2010:
2.99 0.14 (4.91 %)
| | | Biostar Pharmaceuticals, Inc. (BSPM) was the Index biggest loser closing 4/26/2010:
4.11 0.99 (19.41 %)
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