Category

China

When Corruption is Low, Your Profits are High

By Martin Hutchinson Director of Global Equity Research Transparency International last week published its Corruption Perceptions Index, ranking 180 countries around the world according to their level of corruption. That sounds like boring goody-goody stuff, suitable only for one of the less-interesting World Bank seminars. But that's not the case: The level of corruption in […]

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U.S. Officials Question Whether 3Com Deal Gives Defense Secrets To China

From Staff Reports China's No. 1 network-equipment maker – a firm alleged to have ties to Beijing's military, as well as past links to Saddam Hussein and the Taliban in Afghanistan – could gain access to U.S. defense-network technology in the proposed buyout of 3Com Corp. (COMS), the Washington Times newspaper reported yesterday (Wednesday). 3Com […]

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Fluor to Build Polysilicon Plant in China

From Staff Reports Site preparation has begun for a Xinyu City, China, polysilicon production plant that will be located adjacent to LDK Solar Co. Ltd.'s (LDK) existing solar wafer manufacturing facilities. Fluor Corp (FLR), the U.S.-based engineering-and-construction company, said it landed a contract worth more than $1 billion to provide engineering, design and other services […]

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China Solar Cell Maker JA Solar to Sell $280 Million Worth of Additional Shares

From Staff Reports China-based solar-cell maker JA Solar Holdings Co. Ltd. (JASO) is selling 6.33 million American Depositary Receipts, worth about $280 million based on its closing price of $44.01 yesterday (Monday), Reuters reported that sources said. The pricing of the deal, jointly handled by Credit Suisse (CSGN.VX: Quote, Profile, Research) and Lehman Bros. Holdings […]

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Profit from China's 'Nuclear Option'

By Keith Fitz-Gerald Contributing Editor You can't help but feel a sense of deja vu. At least I can't. The last time the dollar fell this low and energy was this costly, traders were concerned about a massive recession, we were talking about a scary new economic syndrome called "stagflation," and the Major League Baseball's […]

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How to Profit as Surge of Solar IPOs Mark Dawn of New Industry in China

By Jason Simpkins Staff Writer Of the five best-performing initial public stock offerings so far this year, three are China-based solar-energy companies. With energy prices soaring, China is making a big move into the market for solar-energy technologies. Initial public offerings (IPOs) of solar-energy firms have reached record levels this year, with at least half […]

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CNBC Dismisses Talk of Outside Investor Stepping in at Troubled Bear Stearns

From Staff Reports Shares of Bear Stearns Cos. Inc. (BSC) fell 3% yesterday (Thursday) afternoon after a CNBC report downplayed any talks between the embattled investment bank and potential outside investors – one of whom is rumored to be Berkshire Hathaway Inc.'s (BRK.A, BRK.B) Warren Buffett. After the swing out of positive territory, the shares […]

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Pepsi 'Goes Red' in China

By Keith Fitz-Gerald Contributing Editor Sometimes it's better to invest in the hungry underdog than in the satisfied leader, and nowhere is that more clear than with Pepsi and Coke in China. In a story that received only passing coverage here in the U.S. market, Pepsi recently 'went red' in China – as in Coca-Cola […]

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Here's Why MGM is a High-Profit Play on China

By William Patalon III, MBA Managing Editor Money Morning & The Money Map Report When it comes to MGM Mirage (MGM), to borrow a phrase from an old rock-n-roll hit, "you ain't seen nothing yet." That seems to be the general consensus on Wall Street, where investors and analysts alike are salivating over the efforts […]

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China Covets Crude

By Jason Simpkins Staff Writer China's top oil producer, PetroChina Co. Ltd. (PTR), has raised its production estimate for the Jidong Nanpu oil field. The field is located in the Bonhai Bay area and is one of China's biggest discoveries in recent history. "We estimate that, eventually, we could have proven reserves of as much […]

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