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ChiNext
ChiNext Stock Exchange is the third stock exchange in mainland China. It operates out of the coastal city of Shenzhen and is the newest stock exchange in China.
On its debut, ChiNext has 28 companies listed. These 28 companies issued US$380 million (2.6 Billion RMB) worth of shares to the public through ChiNext exchange. As of Nov. 8, 2009, it has a combined stock market value of US$18 billion (124 billion RMB). Due to limited number of shares available and wild speculation in the ChiNext market, it is a highly volatile market.
The 28 companies in the ChiNext commands a whopping price earnings ratio of 100.
IP, here we come!
DCRD competition - Int'l Paper
International Paper (NYSE:IP) is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include uncoated papers and industrial and consumer packaging, complemented by xpedx, the company's North American distribution company. Headquartered in Memphis, Tenn., the company employs more than 61,500 people in more than 20 countries and serves customers worldwide. 2008 net sales were approximately $25 billion.
Ticker DCRD---The Seven Reasons Why You Should be
Bullish on China...
1 of every 5 people in the world live there
100 cities with over 1 million people (only 9 in the U.S.)
300 million people under age 14 representing future consumers who want a standard of living similar to that of Western societies
#1 market for mobile phones with 461 million users (larger than the entire U.S. population)
#2 market for Internet users at 137 million, and growing despite pervasive censorship
GDP growth average 9.37% per year for the last 25 years running
A central government committed to lifting the masses to a consumption driven middle and upper class status in one generation
Look at DCRD-Decor, or decoration, paper is a specialty paper used to finish the surface of wood materials. Wood-grain decor paper, used in the manufacture of furniture and laminated flooring, is one of the fastest growing grades of paper in the world. The production of decor paper requires very specific technological know-how.
Apart from China’s dominant position as the #1 furniture exporter in the world, the rapid growth in disposable income in China has created a huge domestic market. China has become a major consumer of furniture and other household furnishings, which, in turn, has created a high demand for decor paper used in furniture and laminate flooring manufacture.
Per TheStreet.com interview with the CEO in China:
"We are highly confident that the testing will be completely successful. The testing involves repeated charging and discharging of batteries, which in the past would take up to 50 weeks to complete. Now, with advanced technology, this type of testing can be completed in a much shorter time frame. Timing of the test results is in the hands of the customers, so we have to wait for each of them to give us the final results. As previously disclosed, we expect the results to be provided at approximately the end of September, depending on customer timing."
DCRD: $6.8 million net income (after taxes) 12-31-08 audited ...Chinese paper company
Street.com article on CSGH.OB:
http://www.thestreet.com/_yahoo/story/10596216/1/china-sun-groups-chairman-qa.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
China Sun Group High-Tech Co. Signs Contracts With Four More Battery Companies to Begin Testing on Eco-Friendly Product
Press Release
Source: China Sun Group High-Tech Co.
On Wednesday June 24, 2009, 12:08 pm EDT
Buzz up! 0
Print
LIAONING PROVINCE, China, June 24 /PRNewswire-FirstCall/ -- China Sun Group High-Tech Co. (OTC Bulletin Board: CSGH - News), which through its wholly-owned subsidiary Dalian Xinyang High-Tech Development Co. Ltd. ("DLX") has the second largest cobalt series production capacity in the People's Republic of China ("PRC"), announced today that it has entered into contracts with four additional battery production companies to begin testing samples of lithium ion phosphate. A next generation 'green' power source, lithium ion phosphate can be built into batteries that power electric cars, hybrids, scooters, and other state-of-the-art electronic devices.
In addition to DLX's four new testing customers, testing by two of DLX's existing customers, Shandong Zaozhuang and Beijing Zhongke, on the natural attenuation rate curve is nearing completion. Early reports indicate that over the past 45 days, the change of curve has maintained good consistency with a very little decay rate. Shandong Zaozhuang and Beijing Zhongke on May 7th and May 21, 2009 respectively, expanded their relationship with DLX by entering into memorandums of understanding to continue battery development based on lithium ion phosphate materials supplied by DLX.
"Our customers' involvement in testing and feedback helps to ensure the highest quality standards are meet, if not exceeded. Our goal is to help global manufacturers lower their carbon footprint, increase safety and decrease production costs using the latest technologies and materials such as lithium ion phosphate," said China Sun Group CEO Bin Wang. "In addition to growing our customer base and those performing testing, we continue to receive ongoing support and direction from City Council of Dalian, which should help accelerate our time-to-market lithium ion phosphate."
About China Sun Group
China Sun Group High-Tech Co., ("China Sun Group") produces anode materials used in lithium ion batteries. Through its wholly-owned operating subsidiary, Dalian Xinyang High-Tech Development Co. Ltd ("DLX"), the Company primarily produces cobaltosic oxide and lithium cobalt oxide. According to the China Battery Industry Association, DLX has the second largest cobalt series production capacity in the People's Republic of China. Through its research and development division, DLX owns a proprietary series of nanometer technologies that supply state-of-the-art components for advanced lithium ion batteries. Leveraging its state-of-the-art technology, high-quality product line and scalable production capacity, the Company plans to create a fully integrated supply chain from the primary manufacturing of cobalt ore to finished products, including lithium ion batteries. For more information, visit http://www.china-sun.cn.
CSGH: Net income for the three months ended November 30, 2008 was $1,809,975, an increase of $1,071,493 or 145% as compared to $738,482 for the comparable period in 2007.
Look at CTDC up on China solar thin film news--lookimg for 3 day momo
hey, new to ihub, and i have been long GFRE (fully reporting)for about a year, a recent sell off has it trading at 6x expected earnings. they are the largest bromine producer in China, bromine is only found in the US southeast, israel/jordan and a region of china, bromine prices are about $2,000/ton, and has been rising.. I think it is worth at least a look...
Any ideas for ones that have not run up?
CHINA HEALTH RESOURCES...CHRI.OB Share Price Explodes 63.93% After Releasing News
After announcing that Mr. Jia Minru, a physician and professor of the Chinese Medicine University, joined their team, China Resources’ (CHRI.OB) share price immediately sky rocketed and is currently trading at $.17, 63.93% higher than yesterday’s close.
Mr. Jia Minru will be responsible for deep development, high-tech development, and systematic research of deep processed products of Chuan DAR GAP. He brings 40+ years of research experience in medicine and herb resource development to the company. Previously he was the advisor of the Chinese Medicine Academy, the dean of Chinese Medicine University, the deputy dean of Chinese Medicine Association, director of Chinese Medicine and Herb Committee, and a member of Sichuan New Medicine Assessment Center.
We announced that the Company was a “One to Watch” last week before the recent explosion in volume and price increase. China Health Resources is a leading industrialized agricultural corporation focused on the production and processing of dahurian angelica root, a widely used herb in China known to be a vital ingredient in Chinese traditional medicine.
Heres a nice station - CHECK it out!!!
http://www.liquidcompass.net/index.php?intro=1
SAIL
heavier volume today on CSGH however
QBID - are there contracts with China???
SAIL
GTEC +31.81%, .455 x .46, printing .46
sAil
CHRI Signs Cooperation Contract with Guangzhou Qingping Trade Center; Sees Further Progress in the Herbal Medicine Markets Across Southern China and Southeast Asia
Monday October 22, 8:00 am ET
SUINING, China, Oct. 22 /Xinhua-PRNewswire/ -- China Health Resource, Inc. (OTC Bulletin Board: CHRI - News) announced today that it has signed a cooperation contract with Guangzhou Qingping Trade Center (''Qingping''), one of the four biggest herbal medicine and healthcare products markets in China. CHRI will, according to the contract, establish a South China Sales and Logistics Center for Suining Chuan Dahurian Angelica Root (DAR) and related products in Qingping, meanwhile, Qingping will greatly boost the sales of Chuan DAR and related products in the area with its great influence in Southeast Asia's herbal medicine markets.
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The CHRI South China Sales and Logistics Center is located at the Phase II transaction section of Guangzhou Qingping Trade Center with a 300 square meter first-class office, a 220 square meter exhibition center, and an 1800 square meter international-standard warehousing center. It's a signal of the beginning of the market expansion in South China and Southeast Asia. The South China Sales and Logistics Center is predicted to generate revenue of $2.5 million annually.
Guangzhou Qingping Trade Center has a history of 20 years. It is the biggest trading market and distribution center, as well as the biggest import- export trading port of medicine and healthy food materials. According to the official data, the gross trading revenue of the market in 2006 was $0.4 billion. The daily customer flow is 100,000 people. It is expected that trading revenues will hit $0.66 billion in 2008.
About the Company
China Health Resource, Inc. (CHRI) was incorporated on April 24, 2001. It is one of China's leading industrialized agricultural corporations. CHRI focuses on the production and further processing of Dahurian Angelica Root (DAR), a herb that is widely used and considered to be an important ingredient in Chinese traditional medicines. CHRI's business plan includes distributing DAR and the processed products to exploit a large market in the areas of treatment of pain, swelling and pustule. Good Agricultural Practice (GAP) is a national compulsory criterion for food and drug industries. The goal of GAP is to help agricultural product companies deal with the usual micro-organism harm so as to strengthen agricultural product safety. CHRI has accomplished the GAP certification of Chuan DAR, making the DAR products and related production technology of the Company become the industry criteria.
yes it does...maybe I will re-enter
CCBX looks oversold, level at 1.20 min.
SAIL
SNEN same market as CHNG
CSGH's competitor "Advance Battery" just got uplisted to AMEX!!!
ADVANCED BATTERY TEC (GBT) At 10:29AM ET: 8.00 0.07 (0.90%)
MORE ON GBT
ADVANCED BATTERY TEC (AMEX:GBT)
Last Trade: 8.00
Trade Time: 10:29AM ET
Change: 0.07 (0.90%)
Prev Close: 8.07
Open: 8.25
Bid: N/A
Ask: N/A
1y Target Est: N/A
Day's Range: 7.72 - 8.40
52wk Range: N/A
Volume: 231,100
Avg Vol (3m): N/A
Market Cap: 396.90M
P/E (ttm): 40.60
EPS (ttm): 0.197
Div & Yield: N/A (N/A)
also keep eye on CSGH . storng volme on green uptick
HRBN should gap up today--low float China stock with good earnings
CDTR = Chinese credit card play
Cardtrend (CDTR) - provides credit card processing in both Asia and China. Growth potential for credit card use in China is big.
Highlights
- Posted increasing revenue
- Posted decreasing net loss
- Fully reporting, applying for OTC BB
- Broke 200 day MA
CDTR chart
Try CSGH, ABAT's competitor and new kid on the block in Chinese batteries.
Just hit $8 on ABAT up 16%
EFUT heading back up toward high of day
SORL only 2.6M float
GTEC SORL CDS GSI SCON CBAK KONG CHINA PUDC SSRX YTEC SDT
Sail
IMOT Intermost
good for a 25-50% gain
SAIL:)
JT Stocks would be happy to add you as a moderator for the board!
SAIL
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