- With the Shanghai Composite having risen 3.4% overnight in response to news Chinese exports rose 7.2% Y/Y in August (up from 5.1% in July and easily topping expectations), it's not surprising many volatile Chinese Internet and solar names are adding to their large 2013 gains today.
- AutoNavi (AMAP +18.5%) is easily the biggest Chinese Internet standout. Other winners include YY (YY +8.2%), NQ Mobile (NQ +4.9%) and e-commerce plays Dangdang (DANG +9.5%), LightInTheBox (LITB +3.1%), and Vipshop (VIPS +3.5%).
- Solar standouts include Trina (TSL +4.9%), Daqo (DQ +12.5%), JA Solar (JASO +6.2%), JinkoSolar (JKS +3.9%), Yingli (YGE +3.8%), LDK (LDK +3.2%), and Canadian Solar (CSIQ +2.5%).
- Chinese mobile chipmaker RDA Microelectronics (RDA +10.6%) is also having a very good day.
Chinese Internet/solar stocks rally following positive export data
From other sites
at Fox Business (May 6, 2014)
at CNBC.com (May 2, 2014)
at CNBC.com (Apr 16, 2014)
at MarketWatch.com (Feb 10, 2014)
at Fox Business (Feb 10, 2014)
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