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Thursday's Asia ADR Recap: Simcere Pharma
05/09/08 - 05:28 PM EDT
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Chinese video-game developers were in hot demand Friday after U.S.-based video game company Activision ATVI reported a 93% rise in first-quarter revenue. The9 Limited NCTY jumped 4% to $21.84; Shanda Interactive Entertainment SNDA traded up 5.6% to $35.79; Perfect World PWRD added 2.5% to $30.88; and NetEase.com NTES closed higher by 2.6% at $23.25. 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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