As you track the Emerging Money China Intenet Index (EMCHI), we highlight news from key component, Tencent.
Clean sweep on the China data this week as last night’s Industrial Production and Retail Sales were solid.
Tonight on Fast Money as we highlight Twitter and growth in the internet space for information I will discuss Chinese internet stocks and the gargantuan move they have made and all that we realize and expected they could:
Monday’s enforcement action by the U.S. Securities and Exchange Commission against the China-based affiliates of the Big Four accounting firms sent Chinese stocks tumbling on Tuesday, many to multi-year lows.
Stock price action offers signs of encouragement for China’s beleaguered market. The Shanghai Index climbed +2.9% on impressive volumes, taking markets back to where levels were before the big run-up in September and breaking through key technical levels above 2000.
Chinese technology stocks are exciting for emerging market investors. Just like American tech companies it’s hard to know who will succeed. Here are five technology stocks that investors should keep an eye on.