This Day On The Street
Continue to site right-arrow
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Emerging-Market ADRs: Winners and Losers

NEW YORK ( Thestreet) -- Major global indices eroded value or remained relatively flat last week, except China's Shanghai Composite Index, which rose 4.2%. The slippage in India's Nifty and Brazil's Bovespa was 1.7% and 0.8%, respectively. At close last week, the Dow Jones edged up 0.03%, while the S&P 500 fell 0.3%.

China: Winners and Losers

American Oriental Bioengineering (AOB) emerged major gainer last week, increasing 24.7%. TheStreet Ratings recommends a hold on the stock, based on the company's strong financial position.

China Automotive Systems (CAAS - Get Report) accumulated 21.6% last week after reporting 20% increase in fourth quarter revenue to $100.5 million, topping analysts' estimate of $90 million. For full year 2010, the company recorded 35.3% and 58.1% increase in total revenue and income from operations to $345.9 million and $54 million respectively. For 2011, the company estimates revenue to grow by 20%.

China Shen Zhou Mining & Resources (SHZ - Get Report) added 18.7%. Shares of rare earth metal companies rebounded during the past week after Colorado Congressman Mike Coffman introduced the Rare Earth Supply-Chain Technology and Resource Transformation (RESTART) Act of 2011. This action will create another government department that will revitalize a vital industry.

New Oriental Education & Technology Group (EDU - Get Report) rose 14% after Goldman Sachs upgraded the stock to conviction buy from its earlier neutral rating. Perfect World (PWRD) and Spreadtrum Communications (SPRD) were up 13% and 11.6% last week, respectively.

Internet stocks, International (CTRP), Sina (SINA - Get Report), (SOHU - Get Report) and (NTES) gained 9.7%, 7.1%, 6% and 4.5% respectively.

Leading the pack of losers, Duoyuan Global Water (DGW) plunged 41.3%, as investigations into possible breaches of fiduciary duty and other violations by some officers and directors at Duoyuan began last week. New Oriental Energy & Chemical (NOEC)followed, declining 27.1%.

Biotechnology stocks Sinovac Biotech (SVA) and 3SBio (SSRX) fell 7.3% and 6.0% last week, respectively. Zacks Investment Research has downgraded Sinovac to underperform from the earlier neutral rating.

Alternative energy stocks such as China Technology Development Group (CTDC) and Gushan Environmental Energy (GU) shed 9.3% and 8% last week, respectively.

India: Winners and Losers

Sify Technologies (SIFY) emerged top gainer at close last week, up 15.6%. Last week, an analyst at said Sify is poised for long-term growth based on the company initiatives like foraying into new geographies and remarkable growth in the industry.

Snapping it earlier week's losses, Syntel (SYNT) accumulated 4.8%. (REDF) gained 3.1% last week. Tata Communications (TCL) rose 1.8% at close last week. Marking the industry's first fully synchronized virtual global arts program, Cisco, National Dance Institute, and Tata Communications collaborated to allow NDI to conduct synchronized virtual global arts programs via its telepresence environment -- connecting children from all over the world.

1 of 3

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!
SHZ $0.10 0.00%
CAAS $7.24 -0.55%
EDU $22.43 1.20%
ERJ $30.78 0.10%
SOHU $53.43 0.19%


DOW 17,648.20 -127.92 -0.72%
S&P 500 2,063.70 -4.19 -0.20%
NASDAQ 4,892.4650 -8.42 -0.17%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs