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Wednesday, February 26, 2014

Top Performing China Stocks to Watch 2/27/14 February 27, 2014

These stocks are usually going up or down  with news.If you are looking to day trade, you might want to check out the following stocks. I usually throw these on my watch list and monitor with resistance & support levels.These are the Top Performing China  Stocks Stocks for the Performing of the  day. You can also check previous stocks to buy reports- Right Here

Baidu, Inc. beats by $0.02, beats on revenue

Baidu guides strong, reports healthy mobile sales. Shares +8.3% AH

  • Baidu (BIDU) expects Q1 revenue of RMB9.24B-RMB9.52B ($1.526B-$1.573B), above a consensus of RMB8.67B ($1.43B).
  • Q4 results beat estimates thanks to a 9.4% Q/Q and 34.8% Y/Y increase in revenue per online ad customer to $3,452, and in spite of a 2.8% Q/Q drop in active online ad customers to 451K. On a Y/Y basis, the latter figure rose 11.1%.
  • Traffic acquisition costs rose to 12.3% of revenue from 11.7% in Q3 and 9.6% a year ago, as hao123 directory site promotions and a mix shift towards contextual (ad network) ads continues taking a toll.
  • SG&A spend soared 34.6% Q/Q and 135% Y/Y to $307.7M thanks to mobile product promotions. R&D spend rose 15.9% Q/Q and 80.1% Y/Y to $208.8M.
  • Bandwidth costs rose to 5.9% of revenue from 5.3% a year ago, and context costs doubled their revenue share to 3.8%.
  • Mobile accounted for over 20% of Q4 revenue.
  • CC at 8PM ET. Q4 results

Below these are the Performing China stocks  of the day February 26, 2014.

Ticker    Company      Change
BITA   Bitauto Holdings Limited           11.81%
VIPS    Vipshop Holdings Limited         6.67%
WUBA            58.com Inc.      5.88%
YY       YY Inc.            5.65%
CTRP  Ctrip.com International Ltd.      4.32%
SFUN  SouFun Holdings Ltd.   3.16%
JASO   JA Solar Holdings Co., Ltd.      3.00%
QIHU  Qihoo 360 Technology Co. Ltd            2.98%
EJ        E-House (China) Holdings Limited        2.69%
DATE  Jiayuan.com International Ltd.   2.50%
SINA   Sina Corp.        2.23%
JKS     JinkoSolar Holding Co., Ltd.    2.17%
NTES  NetEase.com, Inc.        1.80%
BIDU   Baidu, Inc.        1.62%
KNDI  Kandi Technologies, Corp        1.61%
NQ      NetQin Mobile Inc.      0.50%
GAME Shanda Games Limited 0.15%
YOKU Youku Inc.       0.07%
TSL     Trina Solar Limited       0.07%
YONG Yongye International, Inc.         0.00%
DANG E-Commerce China Dangdang Inc.       -0.10%
YGE    Yingli Green Energy Holding Co. Ltd.   -0.16%
XRS     TAL Education Group  -0.64%
FENG  Phoenix New Media Limited     -0.88%
NOAH Noah Holdings Limited -0.93%
GA       Giant Interactive Group, Inc.     -0.96%
PWRD Perfect World Co., Ltd.            -0.97%
GOMO            Sungy Mobile Limited   -1.94%
VNET  21Vianet Group, Inc.    -2.30%
QUNR Qunar Cayman Islands Limited -3.47%
DHRM Dehaier Medical Systems Limited         -4.74%
EDU    New Oriental Education & Technology Group  -7.23%
LITB    LightInTheBox Holding Co., Ltd.          -12.55%
 
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