Tuesday's Asia ADR Recap: Focus Media

Chinese leader in design, engineering, fabrication and installation of high-end building envelope systems Architectural Engineering(CAEI Quote) announced it expects to report its highest quarterly revenue and earnings in the company's history for the second quarter, ending on June 30, 2008. The company is predicting that revenues for the second quarter will be in the range of $32 million to $35 million and that earnings for the second quarter will be in the range of $6.7 million to $7.8 million. Shares of Architectural Engineering ended essentially flat at $10.75.

Some notable losses were seen among Chinese ADRs and China-based stocks Tuesday, led by Trina Solar(TSL Quote), which lost 9.6% to $36.54; Home Inns & Hotels Management(HMIN Quote), which dropped 8.8% to $19.26; Agria(GRO Quote), which fell down 7.4% to $5.73; and Solarfun Power(SOLF Quote), which closed down 7.4% to $18.14.

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.