View Full Version : Chinese stocks
chinaman711
10-23-2007, 08:41 AM
With W.B. going to china and taking cnbc along for the ride we could get some action in the chinese stocks. Watching XING CDS GRRF CSUN QXM and several others.
chinaman711
10-23-2007, 09:16 AM
Adding LDK RCH and GSI to the list to watch. Grrf up in pre market on news. China GrenTech Obtains 100 Million Yuan RF Order
Tuesday October 23, 6:25 am ET
SHENZHEN, China, Oct. 23 /Xinhua-PRNewswire-FirstCall/ -- China GrenTech Corporation Limited (Nasdaq: GRRF; ''the Company'' or ''GrenTech''), today announced that it obtained orders with contract value over RMB100 million from a well-known large domestic base station equipment manufacturer for the procurement of RF modules. These orders are expected to be delivered by the end of the year. GrenTech obtained shares of the overall allocation including GSM, CDMA and WCDMA filters. In particular, the Company secured about a 60% share of GSM filters, which were consumed most by the OEM in its production.
Mr. Yingjie Gao, Chairman and Chief Executive Officer commented, ''As more global base station equipment manufacturers start to procure base station RF parts and components in China, and leading domestic base station equipment manufacturers expand their businesses, the landscape for base station RF parts and components in China demonstrates increasing promise. The strong market demand provides great growth opportunities for a leading China based RF technology and product developer like GrenTech, who has comprehensive strength in RF technology and product development.''
''Developing a base station RF business is an important stage in the Company's strategic development. After two years of hard work, the Company is now a qualified supplier of RF parts and components to major domestic and global base station equipment manufacturers, such as Huawei, ZTE, Datang Mobile, TD-Tech, Siemens, and Alcatel," Mr. Gao continued.
''Our base station RF business strategy is to expand market share via mass production of passive modules for current base station OEMs, while enhancing profitability by developing and offering active modules. In addition, the Company is currently working to expand into global OEM markets to continue diversifying and broadening customer base to drive top line growth and improve bottom-line results. Base station RF business is our key growth driver, and we are confident about its growth,'' Mr. Gao concluded.
Bman409
10-23-2007, 10:02 AM
I like NINE today, as my China play
chinaman711
10-23-2007, 05:59 PM
A nice day in some of the chinese stocks. Watch QXM tomorrow as it had a great day today and should drag XING along for the ride once again. XING earnings should be out soon but you never know with xing till the pr hits. Good luck
Thierry Martin
10-23-2007, 06:27 PM
2009
chinaman711
10-23-2007, 06:59 PM
China Telecom Plans Largest Yellow Page Database In China
October 24, 2007
China Telecom (CHA) has signed with NavInfo and Cgogo to carry out a range of cooperation on telecom yellow page data, digital map applications and mobile phone search, which is expected to result in the unveiling of the largest dynamic yellow page database in China.
China Telecom's yellow page services has already begun to offer many forms of information inquiries. The cooperation with Cgogo on mobile phone search will further enrich the company's inquiry method and form a solid and diversified information network.
The three parties' cooperation will mainly aim at the application of mobile phone new media products and the development of corresponding service pattern under the upcoming 3G environment. And the cooperation means that China Telecom's shift from a traditional telecom service provider to a comprehensive information provider will proceed more smoothly.
In September 2006, China Telecom launched the 114 search service in cooperation with Microsoft as a prelude to enter the wireless search industry.
Think CDS will bounce tomorrow chinaman?
Just raised guidance -- lead to a huge pop and then a 10% sell off.
TYLER
10-23-2007, 11:23 PM
How do you think XING will do after earnings chinaman?
vkhasat
10-24-2007, 12:26 AM
Adding LDK RCH and GSI to the list to watch. Grrf up in pre market on news. China GrenTech Obtains 100 Million Yuan RF Order
Tuesday October 23, 6:25 am ET
SHENZHEN, China, Oct. 23 /Xinhua-PRNewswire-FirstCall/ -- China GrenTech Corporation Limited (Nasdaq: GRRF; ''the Company'' or ''GrenTech''), today announced that it obtained orders with contract value over RMB100 million from a well-known large domestic base station equipment manufacturer for the procurement of RF modules. These orders are expected to be delivered by the end of the year. GrenTech obtained shares of the overall allocation including GSM, CDMA and WCDMA filters. In particular, the Company secured about a 60% share of GSM filters, which were consumed most by the OEM in its production.
Mr. Yingjie Gao, Chairman and Chief Executive Officer commented, ''As more global base station equipment manufacturers start to procure base station RF parts and components in China, and leading domestic base station equipment manufacturers expand their businesses, the landscape for base station RF parts and components in China demonstrates increasing promise. The strong market demand provides great growth opportunities for a leading China based RF technology and product developer like GrenTech, who has comprehensive strength in RF technology and product development.''
''Developing a base station RF business is an important stage in the Company's strategic development. After two years of hard work, the Company is now a qualified supplier of RF parts and components to major domestic and global base station equipment manufacturers, such as Huawei, ZTE, Datang Mobile, TD-Tech, Siemens, and Alcatel," Mr. Gao continued.
''Our base station RF business strategy is to expand market share via mass production of passive modules for current base station OEMs, while enhancing profitability by developing and offering active modules. In addition, the Company is currently working to expand into global OEM markets to continue diversifying and broadening customer base to drive top line growth and improve bottom-line results. Base station RF business is our key growth driver, and we are confident about its growth,'' Mr. Gao concluded.
RCH looks like it bottomed out at 10.50 or so, been green since. Picked up more shares at 12.00, ready for the next jump
vBulletin® v3.7.4, Copyright ©2000-2009, Jelsoft Enterprises Ltd.