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Tuesday, May 22, 2012

China Stocks Dominate NASDAQ Leaders in Morning Trading: CLNT, CCIH, CHOP

New York, NY - May 22 2012 (Investorideas.com newswire) Investorideas.com, a leader in sector research including China stocks, reports on NASDAQ leaders for morning trading May 22. Three of the five top percentage gainers are China stocks: Cleantech Solutions International, Inc. (NASDAQ:CLNT), ChinaCache International Holdings Ltd. (NASDAQ:CCIH) and China Gerui Advanced Materials Group Ltd. (NASDAQ: CHOP).
Cleantech Solutions International, Inc. (NASDAQ:CLNT) is trading at $3.33, up 0.90(37.03%) 11:59AM EDT with a day's high of $3.91.The Company reported news of a $1.7 million wind turbine order.
ChinaCache International Holdings Ltd. (NASDAQ:CCIH) is trading up at $5.44, up 0.94(20.89%) 11:49AM EDT on over 90.000 shares. The Company, a provider of content delivery network services in China, yesterday announced its unaudited condensed consolidated financial results for the Company's first quarter ended March 31, 2012. Today the Company received new analyst ratings.
China Gerui Advanced Materials Group Ltd. (NASDAQ: CHOP).is trading at $2.64, up 0.40(17.86%) 11:44AM EDT on over 122,000 shares. The Company, a high precision, cold-rolled steel producer in China, today announced unaudited financial results for the three months ended March 31, 2012.
It has to be considered somewhat ironic to investors that some of NASDAQ's top gainers are China stocks when NASDAQ is clamping down so hard on the sector.
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