- Chinese tech names, already having a spring/summer to remember, are largely outperforming after China's August flash manufacturing PMI came in at 50.1, easily beating a consensus of 48.3.
- Baidu (BIDU +2%), Dangdang (DANG +6.3%), Vipshop (VIPS +3.8%), Youku (YOKU +3.1%), Sina (SINA +2.7%), and Renren (RENN +2.1%) are among the winners.
- However, LightInTheBox (LITB -7.9%), which crumbled on Tuesday due to a revenue miss and soft guidance, is adding to this week's losses, and making new post-IPO lows in the process.
Chinese tech stocks rally following strong PMI print
From other sites
at CNBC.com (Feb 18, 2015)
at CNBC.com (Jan 12, 2015)
at CNBC.com (Jan 9, 2015)
at CNBC.com (Jan 6, 2015)
at CNBC.com (Dec 22, 2014)
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