|Day Low/High||2.77 / 2.99|
|52 Wk Low/High||50,500.00 / 285,000.00|
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Shares of China Housing & Land Development (Nasdaq:CHLN) have taken a tremendous swing upward. The stock is trading at $2.61 as of 9:36 a.m. ET, 24.3% above Friday's closing price of $2.10. Volume is at 190,841, 1.5 times the daily average of 129,500.
One of the key stock-transfer agents in the world of Chinese reverse mergers is censured by SEC after the 75-year-old father of the agent's founder and president misappropriated $2.7 million from the firm.
China Housing & Land Development is the latest real estate investment trust to report quarterly results. See how other REITs like Annaly Capital, Digital Realty Trust and ProLogis fared.
Some analysts anticipate a 30% decline in real estate prices in China; others expect prices to rise by 15% by the end of 2010.
Attractive valuations and recent selloffs could offer higher returns for emerging markets during the second half of 2010.
Several stocks trading near $5 were poised to move on above-average volume during Monday's session.
Several small-cap stocks were poised to move on above-average volume during Wednesday's session.
Several small-cap stocks were moving on above-average volume during Tuesday's session.
Goldman delivered positive earnings, but there will be no place to hide later this week when other major financials report.
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