Biostar Pharmaceuticals (BSPM) had another substantial movement today. With the hope of being uplisted to Nasdaq, the stock has its closing bid above $4.00 for the fifth day. Accompanied by more than three times the average trading volume, BSPM set a record high of $4.92 and closed at $4.85 with a gain of 5.43%. Based on the requirements for listing on the Nasdaq, the closing bid price needs to be above $4. The previous minimum bid price was $5.
China Kangtai Cactus (CKGT) today announced positive 2009 earnings results, which helped its shares jump 11.11% on nearly four times the regular trading volume. For the 2009 fiscal year, revenues increased 31% to $26.5 million year-over-year. Net income was $480,000, compared to $5.7 million in 2008. The decrease was caused mainly by the non-cash expense from revaluation of Series A Preferred Stock and A, B, C, and D warrants. Excluding this expense, the company’s net income is $8.4 million, or $0.43 per diluted share. In the end of fiscal year 2009, the company reported cash and cash equivalents of $2.9 million. Net cash provided by operating activities was $7.7 million. For the fiscal year 2010, the company targets revenue to be nearly $35 million, an increase of 30% year-over-year. China Kangtai Cactus is a manufacturer of cactus-based products.
Shares of China INSOnline (CHIO), a Chinese insurance broker, have been bouncing around its 50-day moving average for several weeks. The stock climbed back to above its 50-day moving average in today’s session and closed at $0.57, or 7.55% higher. Shares of Yucheng Technologies Limited (YTEC) climbed back above $4 level and hit a high of $4.19 on 10% less than average trading volume. At the closing bell, YTEC ended at $4.12 with a gain of 5.64%. The stock currently has a resistance level located at $4.35. Yucheng Technology is a provider of IT solution to China’s banking industry.
LDK Solar (LDK) rocketed 6.44% on new deal, moving straight through its resistance at 200-moving average of $8.05 and close at nearly the high of $8.53 on heavy underlying volume. The company today before the market opened announced that it has signed a contract to supply solar modules to Germany-based Phoenix Solar AG. According to the release, LDK will deliver approximately 20 megawatts of solar modules during the second calendar quarter of 2010.
Shares of Songzai International Holding Group (SGZH), engaged in the coal business, today nosedived -$2.45 or -24.26% on disappointing 2009 fourth quarter earnings results. For the 2009 fiscal year, revenues increased 14% to $65 million and net income surged 15% to $25.09 million. According to the company’s 10-K, the increase in net income is mainly attributed to the significant increase in the average selling price of coal. However, for the 2009 fourth quarter revenues decreased 24.1% to $10.79 million and net income plunged 77.5% to $0.94 million year-over-year. Total shares traded in today’s session accounted 194,000 shares, more than ten times the regular trade volume. The company is lack of communication with investors.
Shares of China Shenghuo Pharmaceutical Holdings (KUN) gave back most of the gains from yesterday due to a positive 2009 earnings release. KUN closed at $0.83 with a loss of 12.63% on light volume. The stock currently has a support level at its 50-day moving average. Shares of China Mass Media (CMM), an independent television advertising company, too gave up previous gains and further decreased by 5.57%, closing at $2.88. Today’s trading volume was relatively light. CMM is currently traded below both 50-day and 200-day moving averages.
Melco Crown Entertainment (MPEL) fell 5.44% on strong volume following a downgrade from Outperform to Neutral at Credit Suisse. Shares of the company closed at $4.87, breaking below the 200-day moving average. The drop was also caused by the disappointing preliminary 2010 first quarter results issued by Melco’s rival, MGM Mirage. Shares of E-House Holdings (EJ) pulled back 5.28% from previous high and closed at $19.19, closely above its 200-day moving average. The stock currently has a support level located at $18.76.
| TOP GAINERS |
 |
China Kangtai Cactus Bio (CKGT) |
2.60 |
 |
0.26 / + 11.11% |
 |
 |
China INSOnline Corp. (CHIO) |
0.57 |
 |
0.04 / + 7.55% |
 |
 |
LDK Solar Co., Ltd. (LDK) |
8.43 |
 |
0.51 / + 6.44% |
 |
 |
Yucheng Technologies Limited (YTEC) |
4.12 |
 |
0.22 / + 5.64% |
 |
 |
Biostar Pharmaceuticals, Inc. (BSPM) |
4.85 |
 |
0.25 / + 5.43% |
 |
| TOP LOSERS |
 |
US China Mining Group Inc. (SGZH) |
7.65 |
 |
2.45 / - 24.26% |
 |
 |
China Shenghuo Pharma (KUN) |
0.83 |
 |
0.12 / - 12.63% |
 |
 |
Melco Crown Entertainment Ltd. (MPEL) |
4.87 |
 |
0.28 / - 5.44% |
 |
 |
China Mass Media Corp. (CMM) |
2.62 |
 |
0.15 / - 5.42% |
 |
 |
E-House (China) Holdings Limited (EJ) |
19.19 |
 |
1.07 / - 5.28% |
 |

 |
 |
| |
Chunghwa Telecom Co. Ltd. (CHT) files 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]. 1. Announcement on 2010/03/12 : The company signed a long term ST-2 lease agreement with STS
2. Announcement on 2010/03/19 : To announce the acquisition of Nan Ya Plastics Corporation Corporate Bonds
3. Announcement on 2010/03/19 : To announce the procurement of VDSL2 broadband access network system for 2010
4. Announcement on 2010/03/30 : To revise the amount of investment in Innovation Works Limited and Innovation Works Development Fund, L.P.
5. Announcement on 2010/03/30 : Chunghwa Telecom holds investor conference for 2009 operation results
6. Announcement on 2010/03/30 : The Board resolves to conduct a capital reduction program
7. Announcement on 2010/03/30 : To announce the Board approved to invest in Donghwa Telecom Co., Limited’s common shares
8. Announcement on 2010/03/31 : The Company signed a MOU with Trend Micro to co-develop cloud computing technology
9. Announcement on 2010/04/08 : To announce the procurement of telecommunication equipment
10. Announcement on 2010/04/09 : The company cooperates with Nokia Siemens Networks Corporation Taiwan to establish a LTE trial network
11. Announcement on 2010/04/12 : Chunghwa Telecom announces its unaudited revenue for March 2010
12. Announcement on 2010/04/12 : March 2010 sales
|
| |
China Telecom Corp. Ltd. (CHA) files 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]. In 2009, the Company progressed its development steadily as planned. The operating revenues were RMB209,370 million. Excluding the amortisation of the upfront connection fees, the operating revenues were RMB208,219 million, an increase of 12.9% from last year. The total mobile revenue amounted to RMB35,620 million and gained momentum quarter over quarter. Wireline broadband access services as well as wireline value- added and integrated information services experienced strong growth and their revenues were RMB47,061 million and RMB27,983 million respectively, representing an increase of 17.1% and 9.3%, respectively from last year.
|
| |
US China Mining Group Inc. (SGZH) files 10-K - Annual report [Section 13 and 15(d), not S-K Item 405]. Our revenues are derived primarily from the sales of coal. During 2009, we had sales of $65.00 million compared to $57.13 million for 2008, an increase of approximately 14%. The increase in sales is primarily due to increase in our selling price. The average selling price per ton for 2009 was $49.10, compared to $37.86 for 2008, an increase of 30%. Our total sales volume was 1,323,845 tons for 2009, compared to 1,666,681 tons for 2008 (taking into account both twelve-month sales volume of Xing An and nine-months sales volume of Tong Gong from the reverse acquisition date), a decrease of approximately 21%. The decrease in sales volume was mainly due to the temporary closing of a major power plant customer for one month in July for overhauling and maintenance of its boilers, and decrease in our brokerage coal due to increased purchase cost. Our high average selling price for the year of 2009 was a result of adjusting our selling price according to the market price in Heilongjiang province, and our selling price can vary dramatically depending on the prevailing market price of coal in Heilongjiang Province.
|
| |
China Armco Metals, Inc. (CNAM) files 8-K - Current report. On April 14, 2010, Mr. Kexuan Yao, Chairman and Chief Executive Officer of China Armco Metals, Inc. (the “Company”), exercised an option to purchase 1,000,000 shares of its common stock at an exercise price of $5.00 per share resulting in proceeds to the Company of $5,000,000. Additionally, from March 2010 through April 14, 2010, investors exercised warrants to purchase 1,338,152 shares of the Company’s common stock at an exercise price of $5.00 per share resulting in proceeds to the Company of $6,690,760 and 76,679 shares were issued in connection with the cashless exercise of warrants.
In total, the Company received $11,690,760 in proceeds from these exercises and issued a total of 2,414,831 shares bringing the total number of common shares outstanding as of April 14, 2010 to 12,609,280 with 1,223,022 common stock purchase warrants with an exercise price of $5.00 per share remaining outstanding.
|
| |
Yanglin Soybean Inc. (YSYB) files 10-K - Annual report [Section 13 and 15(d), not S-K Item 405]. Net sales were $161,633,950 for the year ended December 31, 2009, a decrease of $89,094,724 or 35.5% from $250,728,674 for the year ended December 31, 2008. An analysis by product shows that the revenue of soybean meal, soybean oil and salad oil dropped period over period at rates of 34.2%, 38.9% and 68.8%, respectively. This was mainly due to the decrease in selling prices and sales volume of our products, resulting from unfavorable changes in economic and industrial environments, and large imports of Genetically-Modified (GM) soybeans.
|
| |
Asia Cork Inc (AKRK) files 10-K - Annual report [Section 13 and 15(d), not S-K Item 405]. For the year ended December 31, 2009 our revenues were $24,393,625 as compared to $21,378,041 for the year ended December 31, 2008, an increase of $3,015,584 or approximately 14.11%. The primary reason for the increase is the significant improvement in the market condition for home and commercial renovation in China and the success of our marketing efforts, increased sales of our major finished goods (wood materials, floors, and boards) increased as compared to the sales quantities in year 2008. For the year ended December 31, 2009, our revenues from wood materials, boards, and floor sales were $1,567,272, $349,730, and $1,542,368 respectively more than the revenue from sales of those items during the year ended December 31, 2008.
|
| |
China Shenghuo Pharma (KUN) files 8-K - Current report. KUNMING, China, April 14, 2010 -- China Shenghuo Pharmaceutical Holdings, Inc. (NYSE Alternext US: KUN) (“China Shenghuo” or the “Company”), today reported financial results for the fourth quarter and record revenue for the year ended December 31, 2009.
Fourth Quarter Highlights
·
Total revenue increased to $10.5 million for the fourth quarter of 2009, representing 43.8% year-over-year growth.
·
Gross profit for the fourth quarter of 2009 increased to $8.3 million, compared to $6.7 million for the same period in 2008.
Full Year 2009 Highlights
·
Total revenue was $36.0 million, an increase of 25.5% from $28.7 million for the year 2008.
·
Gross margin was 72.5%, as compared to 73.2% in 2008.
·
Cash provided by operating activities was $2.5 million, an increase of over $0.55 million from 1.95 million for the year ended December 31, 2008.
·
Net loss attributable to stockholders was $6.6 million, as compared with a net loss of $4.6 million for the year ended December 31, 2008.
|
| |
China-Biotics, Inc. (CHBT) files POS AM - Post-Effective amendments for registration statement. This Post-Effective Amendment No. 2 to the Registration Statement on Form S-1 (File No. 333-14968) (the “Registration Statement”) of China-Biotics, Inc. is being filed pursuant to the undertakings in Item 17 of the Registration Statement to update and supplement the information contained in the Registration Statement and the Prospectus contained therein, as originally declared effective by the Securities and Exchange Commission on April 1, 2008. No additional securities are being registered under this Post-Effective Amendment No. 2. All applicable registration fees were paid at the time of the original filing of the Registration Statement.This prospectus relates to the offer and sale of up to 3,125,000 shares of our common stock for sale from time to time by the stockholder set forth in “Selling Stockholder.” We refer to this stockholder throughout this prospectus as the “selling stockholder.” We will not receive any proceeds from the sale of the common stock offered under this prospectus.
|
| |
PetroChina Co. Ltd. (PTR) files 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]. In 2009, the Group was confronted by the severe challenges and impacts from the global financial crisis. Having analysed the prevailing economic conditions, the Group proactively took a number of measures to organise its production and operations in a scientific manner and achieved a steady, rapid and coordinated development in its production and business operations. In 2009, despite of a decrease of 38.4% in oil prices from the preceding year, the Group achieved a turnover of RMB1,019,275 million under IFRS, representing a decrease of 5.0% from the preceding year. Net profit attributable to owners of the Company was RMB103,387 million, representing a decrease of 9.7% from the preceding year. Basic earnings per share was RMB0.56, representing a decrease of RMB0.07 from the preceding year.
|
| |
Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) files 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]. We manufacture a variety of semiconductors based on designs provided by our customers. Our business model is now commonly called a “dedicated semiconductor foundry.” The foundry segment of the semiconductor industry as a whole experienced rapid growth over the last 23 years since our inception. As the leader of the foundry segment of the semiconductor industry, our net sales and net income were NT$322,630 million and NT$109,177 million in 2007, NT$333,158 million and NT$99,933 million in 2008, and NT$295,742 million (US$9,256 million) and NT$89,218 million (US$2,792 million) in 2009, respectively. The sales increase in 2008 was primarily attributed to the continued growth in the semiconductor industry and customer demand, offset in part by the decline in ASP resulting principally from pricing pressures in our customers’ end markets and increase in competition. Our sales in 2009 decreased by 11.2% from 2008, mainly due to a sharp decrease in customer demand starting from the fourth quarter of 2008, offset in part by a recovery in customer demand starting from the second quarter of 2009.
|
| |
LDK Solar Co., Ltd. (LDK) files 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]. LDK Solar Signs Module Supply Agreement with Phoenix Solar AG
XINYU CITY, China and SUNNYVALE, Calif., April 15, 2010 — LDK Solar Co., Ltd. (NYSE: LDK), a leading manufacturer of multicrystalline solar wafers and PV products, today announced that it has signed a contract to supply solar modules to Germany-based Phoenix Solar AG. Under terms of the agreement, LDK Solar will deliver approximately 20 megawatts (MW) of solar modules during the second calendar quarter of 2010.
“We are proud to partner with Phoenix Solar, an international leader in system integration as well as specialist for large-scale PV plants,” stated Xiaofeng Peng, Chairman and CEO of LDK Solar. “Our PV modules are meeting the highest technical requirements and are well suited for a wide range of applications from residential to large-scale power plants. We hope to expand our relationship with Phoenix Solar and partner on future projects.”
|

 |
 |
| |
Asia Cork 2009 Revenue Up 14% to $24.4M; Net Income Up 22% to $3.3M; Diluted EPS $0.09. XI'AN, China--(BUSINESS WIRE)--Asia Cork Inc. (OTCBB: AKRK), a leading manufacturer of cork-based environmentally-friendly building materials for the Chinese and international building industry, announced today that revenues for 2009 increased 14% to approximately $24.4 million as compared to approximately $21.4 million in 2008. In 2009, net income rose 22% to approximately $3.3 million as compared to approximately $2.7 million in 2008. Diluted earnings per share were $0.09 as of December 31, 2009 as compared with net income of $0.08 diluted earnings per share as of December 31, 2008.
|
| |
AsiaInfo to Announce First Quarter Results on May 3, 2010. BEIJING and SANTA CLARA, Calif., April 15 /PRNewswire-Asia-FirstCall/ -- AsiaInfo Holdings, Inc. (Nasdaq: ASIA), a leading provider of telecom software solutions and IT security products and services in China, today announced that it will report its first quarter 2010 financial results on Monday, May 3, 2010.
|
| |
CDC Global Services Names Services Veteran and Renowned Technologist as CEO. SHANGHAI--(BUSINESS WIRE)--CDC Global Services, a business unit of CDC Corporation (NASDAQ: CHINA) and a provider of IT and IT-enabled services and consulting, announced today the appointment of Chung Kiu Wong as its chief executive officer (CEO).
|
| |
China Kangtai Cactus Biotech 2009 Revenue Up 31% to $26.5M; Reports Strong Cash Generation From Operations. HARBIN, China, Apr 15, 2010 (BUSINESS WIRE) -- China Kangtai Cactus Biotech Inc. /quotes/comstock/11k!ckgt (CKGT 2.60, +0.26, +11.11%) , a vertically integrated grower, developer, manufacturer and marketer of a variety of cactus-based products in China, announced today that revenue for the fiscal year ended December 31, 2009 increased 31% to $26.5 million from $20.3 million in 2008. FY 2009 Highlights: -- Revenue for 2009 increased 31% to $26.5 million from $20.3 million in 2008. -- Gross profit increased 32% to $10.5 million for 2009 from $8.0 million in 2008. -- 2009 gross margin 40% vs. 39% for 2008. -- Income from operations increased 40% to $9.5 million from $6.8 million in 2008.
|
| |
China TransInfo Selected in the Construction of Pioneering National Highway Information Grid. BEIJING, April 15 /PRNewswire-Asia-FirstCall/ -- 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 its majority-owned subsidiary, UNISITS Technology Corp. LTD ("UNISITS"), has been selected to design and construct a highway management program in Chongqing. This program is the pioneering project of an ambitious national program - the National Highway Information Grid.
|
| |
Giant Interactive Announces Cash Dividend. SHANGHAI, April 15 /PRNewswire-Asia-FirstCall/ -- Giant Interactive Group Inc. (NYSE: GA) ("Giant" or the "Company"), a leading Chinese online game developer and operator, today announced that the Board of Directors has declared a cash dividend in the amount of US$0.18 per ordinary share on its outstanding shares. The ordinary cash dividend is payable on May 10, 2010 (Eastern Time) to shareholders of record at the close of trading on April 26, 2010 (Eastern Time).
|
| |
LDK Solar Signs Module Supply Agreement with Phoenix Solar AG. XINYU CITY, China and SUNNYVALE, Calif., April 15 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. (NYSE: LDK), a leading manufacturer of multicrystalline solar wafers and PV products, today announced that it has signed a contract to supply solar modules to Germany-based Phoenix Solar AG. Under terms of the agreement, LDK Solar will deliver approximately 20 megawatts (MW) of solar modules during the second calendar quarter of 2010.
|
| |
Trina Solar Introduces New 'Design Series' with Black Solar Modules. CHANGZHOU, China, April 15 /PRNewswire-Asia-FirstCall/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic (PV) products from the production of ingots, wafers and cells to the assembly of PV modules, today announced that its subsidiary, Changzhou Trina Solar Energy Co., Ltd., introduces its new "Design Series" by developing a black module offering residential homeowners and small business owners a visually attractive PV solution. Trina Solar will unveil the new "Design Series" in May at Solarexpo 2010 in Verona, Italy. The black module is expected to be available for sale in the European and North American markets in the second half of 2010.
|
| |
Yingli Green Energy Announces Business Updates. BAODING, China, April 15 /PRNewswire-Asia-FirstCall/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers, which holds the brand "Yingli Solar," today provided updates on Fine Silicon Co., Ltd. ("Fine Silicon"), its in-house polysilicon manufacturing facility with a designed annual production capacity of 3,000 metric tons ("MT"). The Company also announced that Mr. Xiaoqiang Zheng will take over the position of Chief Operating Officer, replacing Dr. Seok Jin Lee who has resigned to pursue other interests.
|

|
 |
|
|
 |
 |  | The China 100 Stock Index closed Thursday, April 15, 2010: 1,055.57 4.52 (0.43 %) |  |  | China Kangtai Cactus Bio (CKGT) led the Gainers closing 4/15/2010: 2.60 0.26 (11.11 %)
|  |  | US China Mining Group Inc. (SGZH) was the Index biggest loser closing 4/15/2010: 7.65 2.45 (24.26 %)
|  |
|
| |
|
|

|
 |
 |  | The China Vesting Large Cap Stock Index (Panda) closed Thursday, April 15, 2010: 1,081.40 0.92 (0.09 %) |  |  | Yingli Green Energy Holding Co. Ltd. (YGE) led the Index closing 4/15/2010: 13.62 0.60 (4.61 %)
|  |  | E-House (China) Holdings Limited (EJ) was the Index biggest loser closing 4/15/2010: 19.19 1.07 (5.28 %)
|  |
|
| |
|
|

|
 |
 |  | The China Vesting Small and Mid Cap Stock Index (Tiger) closed Thursday, April 15, 2010: 1,058.51 1.94 (0.18 %) |  |  | LDK Solar Co., Ltd. (LDK) led the Index closing 4/15/2010: 8.43 0.51 (6.44 %)
|  |  | Melco Crown Entertainment Ltd. (MPEL) was the Index biggest loser closing 4/15/2010: 4.87 0.28 (5.44 %)
|  |
|
| |
|
|

|
 |
 |
 |
 |  | The China Vesting Undervalued Stock Index (Dragon) closed Thursday, April 15, 2010: 1,020.49 13.83 (1.34 %) |  |  | China Kangtai Cactus Bio (CKGT) led the Index closing 4/15/2010: 2.60 0.26 (11.11 %)
|  |  | US China Mining Group Inc. (SGZH) was the Index biggest loser closing 4/15/2010: 7.65 2.45 (24.26 %)
|  |
|
|
| |
|
|

|
|