Cash Crunch for China’s Banking Giants? About: (China Stock Digest, Standard Chartered Bank) China’s boom during a global recession has bred a new cult of doubters, always ready to spread any new conspiracy theory. As we have reported before, auto sales are booming in China this year, with the country’s total car ownership set to [...]

The “Green Sputnik” is Launched About: (Shenyang Power Group, China Stock Digest) In the upcoming issue of the China Stock Digest we predicted that China was going to take the lead in the vital new green energy industry – wind and solar power, in an article entitled “The Green Sputnik.” Well, China proved us right [...]

Sinopec Doubles Profits! About: (SNP, CEO, PTR, ) As China’s voracious oil demand continues to soar and vehicle sales roar past the ten million mark, Sinopec (SNP) is reaping the benefits. China Petroleum & Chemical Corp., or Sinopec, posted third-quarter net profit more than double year-earlier levels, beating out rivals Cnooc Ltd. (CEO) and PetroChina [...]

A Look At A New China ETF About: (YAO, CEO, LFC, PTR, GXC, TAO, HAO, CEO, ICBC, CNOOC, GXC) The Claymore/AlphaShares China All-Cap ETF (YAO) commenced trading on Monday, joining 10 other China-focused ETFs currently trading in the U.S., including two from Claymore. AlphaShares created an underlying index of companies from mainland China that are [...]

Don’t Get Burned by China’s Solar Stock Rally A number of subscribers were electrified by the sudden boom in Chinese solar energy stocks late last week. Badly depressed companies like Suntech Power (STP), First Solar (FSLR) and Yingli Green Energy (YGE) jumped overnight by as much 50%. What happened? Some stock analysts clearly overreacted to [...]