Melco Crown Entertainment (MPEL) was the biggest gainer in today’s trading following an upgrade from Neutral to Overweight at JP Morgan. MPEL rocketed 10.09% closing at $5.13 breaking above its 200-day moving average. The stock traded on 17.48 million shares, representing an 8.10% of the float. Resistance is now located at $5.37. Its 52-week range is $3.26-$8.45. Yayi International (YYIN) had another bounce from its previous low caused by weak first quarter fiscal year 2010 results. Shares closed at $2.40 with a gain of 6.67% on light volume.
Shares of China Direct Industries, Inc. (CDII) today broke through 200-day moving average and jumped above the 50-day moving average. The stock closed at $1.69 with a gain of 6.29% on 435,000 shares, less than 2% of the float. The next resistance level could be $1.82. China Agritech Inc. (CAGC) rallied 5.96% from last Thursday’s drop due to earnings results, closing at $24.36 on average volume, a 33.47% of the float. CAGC has a solid support level at its rising 50-day moving average.
New Energy System Group (NEWN) had a huge gain today mostly driven by a positive article published by Rick Pearson at TheStreet.com, China New energy a Buy, Ignore the Math. Last Wednesday, March 31, 2010, New Energy System Group filed with the SEC for a 15-day extension of Form 10-K ended December 31, 2009. The company also reaffirms prior guidance for 2009 and 2010. Management of the company expects net income for full year 2009 to be between $5.3 and $6.0 million, implying a growth rate between 19.10% and 34.83% compared to last year. For full year 2010, net income was forecasted to be at least $15.6 million, or $1.23 per share, excluding acquisition related expenses, indicating a growth rate of at least 160%. NEWN is a relatively thin stock with a 3-month average volume of 84,000 shares. Shares leaped 5.81% today, closing at $7.83 above the 50-day moving average. Total volume traded in today’s session was 187,000 shares, 3.84% of the float.
Tiens Biotech Group USA Inc. (TBV) is the biggest loser of the day, following 2009 results. For the full year 2009, revenues decreased 19.68% to $62.0 million compared to the numbers from last year. Net income decreased 17.33% to $24.8 million or EPS of $0.33 per share. Shares fell 6.87% to close at $2.44, breaking below the 50-day moving average. Lihua International (LIWA) last Thursday surged on positive earnings results and started to decline when profit taking occurred. LIWA slumped 6.07% to close at $8.35, falling below its 50-day moving average. The stock currently has a support level of $8.00.
Xinyuan Real Estate Company (XIN) last Wednesday filed 2009 annual report on Form 20-F. Shares were down 5.91% though the results seem positive. The company reported that revenues increased by 25.9% to $449.0 million for the fiscal year of 2009 compared to last year. Net income increased by 279.66% to $42.4 million from a loss of -$23.6 million. Telestone Technologies (TSTC) had another loss after a major dip last Thursday, ending at $14.30 (-5.17%) on 1.31 million shares, representing approximately 20% of the float. TSTC has broken a support level of $16.04 and the next support could be $14.17.
Shares of Biostar Pharmaceuticals (BSPM) dropped below its support level at the 50-day moving average, ending 4.68% lower. The company today supplements its earlier 2009 earnings release and provides fourth quarter results. Since the company released its 2009 results, investors have been showing their concerns regarding the 2010 outlook in terms of shares outstanding and EPS. Biostar today published that net sales for the fourth quarter of 2009 increased by 69.3% to $17.1 million and net income decreased by 34.6% to $1.7 million.
| TOP GAINERS |
|---|
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CDC Corp. (CHINA) |
9.09 |
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6.06 / + 200.00% |
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Melco Crown Entertainment Ltd. (MPEL) |
5.13 |
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0.47 / + 10.09% |
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Yayi International (YYIN) |
2.40 |
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0.15 / + 6.67% |
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China Direct Industries, Inc. (CDII) |
1.69 |
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0.10 / + 6.29% |
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China Agritech Inc. (CAGC) |
24.36 |
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1.37 / + 5.96% |
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| TOP LOSERS |
|---|
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Baidu, Inc. (BIDU) |
60.13 |
 |
539.87 / - 89.98% |
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Tiens Biotech Group USA Inc. (TBV) |
2.44 |
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0.18 / - 6.87% |
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China Mass Media Corp. (CMM) |
2.68 |
|
0.19 / - 6.62% |
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Chunghwa Telecom Co. Ltd. (CHT) |
18.45 |
|
1.25 / - 6.35% |
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Lihua International, Inc. (LIWA) |
8.35 |
|
0.54 / - 6.07% |
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 American Lorain Corporation (ALN) files 10-K/A [Amend] - Annual report [Section 13 and 15(d), not S-K Item 405]. This Amendment No. 2 to the Annual Report on Form 10-K-F for the fiscal year ended December 31, 2008 (the "Annual Report") is being filed by American Lorain Corporation (the "Registrant") with the Securities and Exchange Commission for the sole purpose of filing amended certifications in accordance with Item 601(31)(b)(i) of Regulation S-K.
This Amendment No. 2 consists of a cover page, this explanatory note, the exhibit index, the signature page, the amended certifications of the principal executive officer and principal financial officer of the Registrant and the certifications of the principal executive officer and principal financial officer of the Registrant pursuant to 18 U.S.C. SECTION 1350.
Other than expressly set forth herein, this Amendment No. 2 does not, and does not purport to, amend or restate any other information contained in the Annual Report nor does this Amendment No. 2 reflect any events that have occurred after the Annual Report was filed.
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 AsiaInfo-Linkage,Inc. (ASIA) files 8-K - Current report. On April 5, 2010, AsiaInfo Holdings, Inc. (the “Company”) announced that Asia Technologies (Chengdu), Inc., a subsidiary of the Company, has entered into a definitive stock purchase agreement (the “Stock Purchase Agreement”) with Hangzhou Zhongbo Software Technology Co., Ltd. (“Hangzhou Zhongbo”) and certain shareholders of Hangzhou Zhongbo. Pursuant to the Stock Purchase Agreement, the Company has agreed to purchase 80% of the outstanding share capital of Hangzhou Zhongbo for an aggregate purchase price of approximately US$7 million in cash. Hangzhou Zhongbo provides IT solutions to broadcasting operators in China.
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 Tiens Biotech Group USA Inc. (TBV) files 8-K - Current report. NEW YORK, April 5 /PRNewswire-Asia-FirstCall/ — Tiens Biotech Group (USA), Inc. (the "Company" or "Tiens") (NYSE Amex: TBV), http://www.tiens-bio.com , today announced financial results for the year ended December 31, 2009.
For 2009, revenue was $62.0 million, compared to $77.2 million for 2008.
Net income for 2009 was $24.8 million, or $0.33 per share, compared to $30.0 million, or $0.39 per share for 2008.
Results for 2009 reflect, in part, a decrease in revenue in China to $27.2 million from $33.7 million for 2008. The revenue decrease is attributed, in part, to a decline in domestic distributors' demand after stocking up on products in 2008. During the third quarter of 2008, Tianshi Engineering announced plans to increase prices of its products which prompted customers to stock up on certain products. Consumer product demand decreases in the first and third quarters of 2009 were offset by some increases in sales during the second and fourth quarters of 2009, which reflect marketing efforts during those periods.
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AsiaInfo Acquires 80% Stake in Hangzhou Zhongbo to Enter China's Cable Market. BEIJING and SANTA CLARA, Calif., April 5 /PRNewswire-Asia-FirstCall/ -- AsiaInfo Holdings, Inc. (Nasdaq: ASIA) ("AsiaInfo"), a leading provider of telecom software solutions and IT security products and services in China, today announced that its wholly-owned subsidiary AsiaInfo Technologies (Chengdu), Inc. has signed a definitive agreement to acquire a majority ownership stake in Hangzhou Zhongbo Software Technology Co. Limited ("Hangzhou Zhongbo"), a provider of software and IT solutions for the cable industry in China. |
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 Biostar Pharmaceuticals, Inc. Supplements Its FYE 2009 Results and Provides Fourth Quarter Results. XIANYANG, China, April 5 /PRNewswire-Asia-FirstCall/ -- Biostar Pharmaceuticals, Inc. (OTC Bulletin Board: BSPM) ("Biostar" or "the Company"), the Xianyang-based manufacturer of a leading over-the-counter Hepatitis B medicine, Xin Aoxing Oleanolic Acid Capsule ("Xin Aoxing"), and other pharmaceutical products, today supplements its earlier 2009 earnings release and provides fourth quarter results.
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 China Biologic Products Subsidiary Awarded Center of Excellence Designation in China. TAI'AN, Shandong Province, China, April 5 /PRNewswire-Asia-FirstCall/ -- China Biologic Products, Inc. (Nasdaq: CBPO) ("China Biologic" or the "Company"), one of the leading plasma-based biopharmaceutical companies in the People's Republic of China ("PRC"), today announced that its indirect majority-owned subsidiary, Shandong Taibang Biological Products Co. Ltd. ("Shandong Taibang"), has been recognized as one of Shandong's National Centers of Excellence for New Drug and Technology Development ("SNC") by the Department of Science and Technology of Shandong Province (the "DSTSP").
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 Funtalk China Holdings Limited Signs Cooperation Agreement With China Telecom. BEIJING, April 5 /PRNewswire-Asia-FirstCall/ -- Funtalk China Holdings Limited (the "Company" or "Funtalk") (Nasdaq: FTLK) today announced that the Company recently signed a cooperation agreement with China Telecom Corporation Ltd., ("China Telecom"), one of three national wireless operators in China.
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 China Kangtai Cactus Biotech Signs Sales Agreement with Chinese Retailer To Market Cactus-Based Health Products Across China. HARBIN, China--(BUSINESS WIRE)--China Kangtai Cactus Biotech Inc. (OTCBB: CKGT), a vertically integrated grower, developer, manufacturer and marketer of a variety of cactus-based products in China, announced today that it has signed a three-year marketing and sales agreement with Yongkangmen Health and Drug Chain Store Group Ltd. to sell its nutritious and patented cactus-based products, including nutraceuticals, health food, and health and energy drinks.
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 Agricultural Stock Alert for AgFeed Industries Inc. Issued by StockPreacher. DALLAS, April 5, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring AgFeed Industries Inc. (Nasdaq:FEED - 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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 China TransInfo to Present at the First Annual Halter Financial Summit. BEIJING, April 5 /PRNewswire-FirstCall-Asia/ -- China TransInfo Technology Corp., (Nasdaq:CTFO - News), ("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 will present at the First Annual Halter Financial Summit to be held April 7-9, 2010 in Shanghai, China. Presentation details are as follows:
Date:
Wednesday, April 7, 2010;
Time:
2:00 PM;
Location:
Pudong Shangri-la, Shanghai, China;
Presenter:
Ms. Fan Zhou, Investor Relations Director.
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 Zhongpin to Present at the Halter Financial Summit on April 7, 2010. BEIJING, April 5 /PRNewswire-Asia-FirstCall/ -- Zhongpin Inc. ("Zhongpin", Nasdaq: HOGS), a leading meat and food processing company in the People's Republic of China, today announced that it will present at the Halter Financial Summit 2010 on April 7.
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 Longtop Wins Contract to Develop Enterprise Data Warehouse for a Leading Securities Depository and Clearing House in China. HONG KONG, April 5 /PRNewswire-Asia/ -- Longtop Financial Technologies Limited ("Longtop") (NYSE:LFT - News), a leading software developer and solutions provider targeting the financial services industry in China, today announced that it has won its first contract with a leading national securities depository and clearing house in China to develop a centralized Enterprise Data Warehouse (EDW). Among other responsibilities, the national securities depository and clearing house is responsible for the depository and transfer of securities, registration of securities holders, as well as the clearing and settlement of securities transactions.
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 Correction of Today's Rino International Corp. Press Release Regarding Supplemental Data. DALIAN, China, April 5 /PRNewswire-Asia-FirstCall/ -- Rino International Corp. (Nasdaq:RINO - News), which through its subsidiaries and controlled affiliates (collectively, the "Company" or "RINO"), designs, manufactures, installs and services proprietary and patented wastewater treatment, desulphurization equipment, and high temperature anti-oxidation systems for iron and steel manufacturers in the People's Republic of China ("PRC"), today announced the following correction to its today's press release entitled "Rino International Supplements its Fourth Quarter of 2009 Results". The press release incorrectly stated that the Company expects 80% of its backlog of $100.8 million as of February 28, 2010 will turn into revenues by the end of the second quarter. The correct percentage is 65%.
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Tiens Biotech Group (USA) Reports 2009 Results. NEW YORK, April 5 /PRNewswire-Asia-FirstCall/ -- Tiens Biotech Group (USA), Inc. (the "Company" or "Tiens") (NYSE Amex: TBV), http://www.tiens-bio.com , today announced financial results for the year ended December 31, 2009.
For 2009, revenue was $62.0 million, compared to $77.2 million for 2008.
Net income for 2009 was $24.8 million, or $0.33 per share, compared to $30.0 million, or $0.39 per share for 2008. |
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 Tianyin CFO/CBDO Dr. James J. Tong Invited to Attend Cold Spring Harbor Asia Conference Opening Ceremony and James Watson Cancer Symposium at Suzhou, China. SUZHOU, China, April 4 /PRNewswire-Asia/ -- Cold Spring Harbor Asia (CSHA) is the Asia hub of Cold Spring Harbor Laboratory (CSHL), which is headed by the DNA structure discover, Dr. James D. Watson and President and CEO of CSHL, Dr. Bruce Stillman, who spearhead the effort in molecular medicine and genetics for better diagnostics and treatments for neurological diseases, cancer and other major causes of human suffering. Home to seven Nobel laureates, CSHL has played a pivotal role in the emergence of molecular genetics, the scientific foundation for the contemporary revolution in biotechnology. CSHA's honorary scientific advisory board consists of leaders of science and health care industry in both the US and China, such as Dr. James D. Watson, CSHL, USA, Zhu Chen, Minister of Health, PRC and Zhou Guang Zhao, Chinese Association for Science & Technology, PRC.
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|  | The China 100 Stock Index closed Monday, April 05, 2010:
1,038.64  97.18 (8.56 %) | | | CDC Corp. (CHINA) led the Gainers closing 4/5/2010:
9.09  6.06 (200.00 %)
| | | Baidu, Inc. (BIDU) was the Index biggest loser closing 4/5/2010:
60.13 539.87 (89.98 %)
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| | The China Vesting Large Cap Stock Index (Panda) closed Monday, April 05, 2010:
1,061.11 414.60 (28.10 %) | | | Trina Solar Ltd. (TSL) led the Index closing 4/5/2010:
25.36 0.90 (3.68 %)
| | | Baidu, Inc. (BIDU) was the Index biggest loser closing 4/5/2010:
60.13 539.87 (89.98 %)
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| | The China Vesting Small and Mid Cap Stock Index (Tiger) closed Monday, April 05, 2010:
1,048.02 29.24 (2.87 %) | | | CDC Corp. (CHINA) led the Index closing 4/5/2010:
9.09 6.06 (200.00 %)
| | | China Mass Media Corp. (CMM) was the Index biggest loser closing 4/5/2010:
2.68 0.19 (6.62 %)
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| | The China Vesting Undervalued Stock Index (Dragon) closed Monday, April 05, 2010:
994.23 1.83 (0.18 %) | | | Yayi International (YYIN) led the Index closing 4/5/2010:
2.40 0.15 (6.67 %)
| | | Tiens Biotech Group USA Inc. (TBV) was the Index biggest loser closing 4/5/2010:
2.44 0.18 (6.87 %)
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