This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Four China Stocks to Watch

NEW YORK ( TheStreet) -- China Nepstar Chain Drugstore (NPD - Get Report), E-House Holdings (EJ - Get Report), China Real Estate Information Corp. (CRIC), and Winner Medical (WWIN) are four China companies scheduled to report their quarterly results Wednesday. Two of the four stocks reported quarterly results earlier in the day, while two have yet to.

China Nepstar Chain Drugstore is a retail drugstore chain in China. Earlier during the day, the company reported its results for the second quarter ended June 2010. Loss per share stood at 2 cents, while analysts expected earnings of 3 cents per share. Revenues increased 6% year-over-year to $83.35 million, below analysts' estimates of $90.30 million. On July 19, Roth Capital Partners assigned a hold rating to the stock with price target of $4, implying a 32% upside over current levels.

E-House Holdings is a real estate services company in People's Republic of China providing primary real estate agency services, secondary real estate brokerage services, and real estate information and consulting services. The company is expected to report earnings of 13 cents per share as against 24 cents per share reported in the prior year's quarter. Revenues are forecasted to grow 5% to $66.43 million from $63.48 million.

On August 2, Credit Suisse (CS - Get Report) assigned an out perform rating to the stock with price target of $24, implying a 56% upside over current levels.

China Real Estate Information is a leading provider of real estate information, consulting and online services in China. During the second quarter ended June 2010, the company's earnings increased 1.6% year-over-year to $7.47 million or 5 cents per share. Analysts estimated earnings of 4 cents per share. However, revenues surged 96% to $37.40 million, while organic revenues were up 21% year-over-year.

Looking forward to the third quarter, China Real Estate Information estimates organic growth of 21-25% year-over-year. On August 2, Credit Suisse assigned an outperform rating to the stock with price target of $11, representing a 13% upside over current levels.

Winner Medical Group is engaged in the business of researching and developing, manufacturing and marketing of medical dressings and medical disposables. According to analysts polled by Bloomberg, the company is expected to report earnings of 13 cents per share as against 14 cents per share reported a year earlier. Revenues are forecasted to grow 31% y-o-y to $31.90 million.

On August 10, Roth Capital Partners assigned a buy rating to the stock with price target of $10, implying a 61% upside over current levels.

Karvy Global Services (, a subsidiary of the Karvy group (, provides specialized research in asset classes including stocks, mutual funds and insurance to leading Wall Street firms.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
CS $27.04 -0.99%
EJ $5.98 -3.86%
NPD $2.38 -7.39%
AAPL $124.75 -1.13%
FB $80.78 -1.86%


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs