April 05, 2010
Chinese Offshore Wind Farm Shows Benefits of Cooperation & Trade
A 102 Megawatt offshore wind farm will begin operating by the end of April in the delta lands off Shanghai. Chinese wind turbine developer Sinovel installed 34 wind turbines in the muddy waters, the first installation in a plan to get over 500 Megawatts of wind power generation off the Chinese east coast. Each Sinovel SL3000 turbine contains core electrical components created and supplied by American Superconductor (NASDAQ:AMSC).
AMSC initially struck a deal to supply electrical components to China via its Chinese subsidiary WindTec. But in January 2010 Beijing's National Development and Reform Commission lifted the 70% domestic components requirement for wind energy development. This move will allow foreign companies much greater access to the fast growing clean energy sector in China.
This June Shanghai will host Offshore Wind China 2010 organized by Chinese Renewable Energy Industries Association, the Global Wind Energy Council and others....
Labels: alternative energy, clean tech, foreign trade, free trade, tech stocks, technology
February 16, 2010
China Gives WoW New Life
The latest expansion of World of Warcraft, Earth's biggest MMOG or massively multiplayer online game sensation, will be allowed to launch in China. Almost a third of WoW near 12 million subscribers are Chinese so the move is a big plus for media conglomerate Vivendi which owns Activision Blizzard of Santa Monica, California, the creator of the Warcraft games....
Labels: games, tech stocks
February 04, 2010
Foreign Firms To IPO on Shanghai Exchange
Pricewaterhouse Coopers (PwC) Hong Kong office says five foreign companies are lined up to float shares on the Shanghai Securities Exchange. It has long been predicted that Beijing will allow foreign firms to raise capital in Shanghai although there is no official confirmation that this writer can find nor any information on which 5 firms may go to Shanghai. Overall, PwC expects 60 IPOs in Hong Kong including some mega offerings, 15 large listings in the Shanghai A share market including possibly Agricultural Bank of China, and 130 IPOs on the new small & medium enterprise and the CHINAEXT boards on the ShenZhen Stock Exchange.....
Labels: chinese stocks, foreign investment, stock market, stocks, tech stocks
December 07, 2009
Chinese IPOs: CCM TRO NKBP
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Coming this week to NYSE and NASDAQ three new Chinese initial public offerings. CCM is Concord Medical Services that leases radiology equipment to cancer centers throughout China. CCM will trade on NYSE and was originally priced between $9-$11 per share. Also at NYSE is TRO, Trony Solar Holdings, the leading Chinese maker of thin film solar modules. In a crowded market, ShenZhen based TRO hopes to raise up to $200 million. And on NASDAQ NKBP is the symbol for China Nuokang BioPharma offering shares between $10-$12. NKBP derives much of its revenue from hemocoagulent drug Baquting. (All prices quoted are US dollar.) So far this year, Chinese IPOs are among the best performers in the world (see chart).
In related news, the shares of AsiaInfo Holdings (NASDAQ:ASIA) are soaring today on news that it will acquire its chief competitor Linkage Technologies. Linkage, a developer of core operating systems used by China's telecom giants, was set to IPO this week in New York....
Labels: chinese stocks, clean tech, stocks, tech stocks
October 19, 2009
GEM Update
Beijing's securities regulators say the debut of the Growth Enterprise Market or GEM board will be this Friday, October 23. GEM is envisioned as the Chinese NASDAQ or more appropriately similar to London's AIM. If recent deal making is correct (see chart) GEM will initially be dominated by lcoal firms from Shenzhen and ventures out of Beijing....
Labels: chinese stocks, stock market, tech stocks
October 13, 2008
China Alt Energy Stocks Soar
As world stocks bounce back up today some Chinese alternative energy stocks did particularly well:
Chardan South China or A-Power Energy Generation System is a leader in specialized transmission grid and control systems based in Shenyang. APWR up 50%!
China BAK Battery is a major lithium ion rechargeable producer and industrial supplier out of Shenzhen. CBAK up over 9%.
Chardan South China or A-Power Energy Generation System is a leader in specialized transmission grid and control systems based in Shenyang. APWR up 50%!
China BAK Battery is a major lithium ion rechargeable producer and industrial supplier out of Shenzhen. CBAK up over 9%.
China Biodiesel, a renewable energy company focused on biodiesel from cooking, other oils, with a production base in Fujian Province. CBI.L up over 14%.
China Clean Energy is a Fujian based diodiesel concern. CCGY.OB up amost 40%!
China Recycling Energy, based in shanghai, is engaged in energy recycling with a joint venture with a Xi'An company on gas recovery systems. The Carlyle Group took a major stake less than a year ago. CREG.OB up over 13%.
China Sunergy, a leading photovoltaic solar cell producer headquartered in Nanjing. CSUN up over 12%.
Gushan Environmental Energy, another Fujian based biodiesel enterprise. GU up over 21%.
JA Solar, a leader in photovoltaic solar cell production. JASO up over 16%.
China Clean Energy is a Fujian based diodiesel concern. CCGY.OB up amost 40%!
China Recycling Energy, based in shanghai, is engaged in energy recycling with a joint venture with a Xi'An company on gas recovery systems. The Carlyle Group took a major stake less than a year ago. CREG.OB up over 13%.
China Sunergy, a leading photovoltaic solar cell producer headquartered in Nanjing. CSUN up over 12%.
Gushan Environmental Energy, another Fujian based biodiesel enterprise. GU up over 21%.
JA Solar, a leader in photovoltaic solar cell production. JASO up over 16%.
Solar Fun Power produces pv cells and sells them worldwide. SOLF up over 16%.
Solar Power Inc., a California based pv module manufacturer in Shenzhen. SOPW.OB up 20%.
Solar Power Inc., a California based pv module manufacturer in Shenzhen. SOPW.OB up 20%.
Suntech Power, a Wuxi based pv module producer and leader in the industry. STP up almost 22%.
Tiger Renewable Energy, a Canada-China joint venture ethanol producer. TGRW.OB up 40%!
Trina Solar, a major pv solar module producer based in Changzhou, Jiangsu. TSL up 14%.
Yingli Green Energy, a 10 year old pv manufacturer. YGE up over 15%.
Trina Solar, a major pv solar module producer based in Changzhou, Jiangsu. TSL up 14%.
Yingli Green Energy, a 10 year old pv manufacturer. YGE up over 15%.
Labels: alternative energy, chinese stocks, tech stocks
September 17, 2008
China Tech Stocks Update
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