Wednesday's Asia ADR Recap

Stock quotes in this article: SIFY , IBN , CHU , CHA , BIDU , CHL , TSL  

News of the Trina deal, along with rising oil prices, helped to take up the entire Chinese solar sector complex with Solarfun Power (SOLF Quote), trading up 18% to $14.55; China Sunergy (CSUN Quote), rising 17% to $8.81; Yingli Green Energy (YGE Quote), finishing 16% higher to $20.09; Suntech Power (STP Quote), closing up 12% to $46.76; JA Solar (JASO Quote), adding 7% to $20.20; and LDK Solar (LDK Quote), ending up 9% at $30.09.

Rising crude oil prices hit the Chinese airline sector hard Wednesday. Shares of China Southern Airlines (ZNH Quote) fell sharply by 7% to $38.35, and China Eastern Airlines (CEA Quote) dove 5% to $50.11 after crude oil prices spiked up $3.81 to close at $104.79.

Be sure to check out the Far East Portfolio at Stockpickr.com every night to find out which stocks in India and China are making big moves and announcing major news.

For more on Asia, check out Daniel Harrison's coverage at TheStreet.com.

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