NEW YORK ( TheStreet) -- A few emerging market ADRs generated handsome returns during the past one week. Among the indices, Shanghai Composite Index dropped 1.9% during the last week as investors remained concerned on China's property market. Meanwhile, Brazil's Bovespa Index declined 3.6% and India's Nifty Index increased 0.2%, in comparison to Dow Jones' 3.3% fall.Among China ADRs, China Shen Zhou Mining and Resources (SHZ) escalated 22.8% during the past one week. On Tuesday, the company reported robust second-quarter financial results wherein total revenue increased 210% to $2.2 million and net loss narrowed to $500,000 from $1.7 million. Telestone Technologies (TSTC) was up 9.1% after the company recently won its first U.S. local access network contract. The company's second-quarter revenue soared 37% to $16.6 million.
Emerging Market ADRs Surge on Earnings
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