Tuesday's Asia ADR Recap: Solar Surge

Xinyuan Real Estate (XIN Quote - Cramer on XIN - Stock Picks), a leading Chinese real estate developer, announced that there was no damage at the site of its two development projects in Chengdu and Sichuan as a result of the earthquake that hit the area on Monday. Shares of Xinyuan fell 1% to $8.40.

Chinese manufacturer of rechargeable lithium-based batter cells China BAK Battery (CBAK Quote - Cramer on CBAK - Stock Picks) reported record net revenue for the second quarter, due to strong demand for the company's cylindrical cells which are used in laptop computers. Net revenue soared 73.8% to $51.3 million, vs. $29.5 million from a year earlier. Shares of CBAK closed essentially flat at $3.65.

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.