|
Groupmark China Index explained |
 |
 |
 |
|
Written by Administrator
|
|
The Groupmark China Index was created to bring attention to the many small and mid-sized Chinese operated companies that are listed in the United States. Many of these companies are trading at levels far below their U.S. peers and may offer an opportunity to invest. The Groupmark China Index is constructed to more heavily weight stocks that are fundamentally “cheaper” and are growing revenues and earnings the fastest. Unlike many other market-cap weighted indexes that heavily weight the “wall street darlings” we strive to uncover the companies that are growing their businesses. Among the heaviest weighted stocks in the index are;
| SYMBOL | DESCRIPTION | % OF INDEX |
|---|
| CEA | China Eastern Airlines ADS | 3.86 | | CSKI | China Sky One Medical Inc | 3.74 | | FUQI | Fuqi International Inc | 3.67 | | NEP | China North East Petroleum | 3.65 | | CEU | China Education Alliance Inc | 3.639 | | RINO | RINO International Corp | 3.63 | | PWRD | Perfect World Co Ltd | 3.62 | | CGA | China Green Agriculture Inc | 3.6 | | JST | Jinpan Intl | 3.56 | | TSL | Trina Solar Ltd | 3.56 |
Groupmark uses the Groupmark China Index not only keep track of the index components, but also to offer technical information that will help pinpoint investment opportunity. For example;
Stocks that are trading with greater then average volume;| SYMBOL | DESCRIPTION | LAST | VOLUME | CHG | % CHG | % INCREASE |
|---|
| QKLS | QKL Stores Inc | 6.10 | 600 | 0.04 | 0.66 | 209.69 | | EFUT | e-Future Info Technology Inc | 6.24 | 100 | 0.04 | 0.65 | 117.98 | | NOEC | New Oriental Energy & Chemical | 1.59 | 528 | 0.00 | 0.00 | 77.63 | | ACTS | Actions Semiconductor Co ADS | 2.40 | 1000 | 0.00 | 0.00 | 60.47 | | CREG | China Recycling Energy Corp | 4.04 | 2758 | 0.00 | 0.00 | 43.15 | | NINE | Ninetowns Internet Technology | 1.82 | 640 | 0.04 | 2.25 | 41.75 | | KNDI | Kandi Technologies Corp | 4.99 | 2500 | 0.04 | 0.81 | 40.19 | | JNGW | Jingwei International Ltd | 4.50 | 600 | -0.09 | -1.96 | 38.70 | | STV | China Digital TV Hldg Co Ltd | 7.42 | 6017 | -0.07 | -0.93 | 34.28 | | BJGP | BMP Sunstone Corp | 5.23 | 3065 | -0.02 | -0.38 | 29.53 |
Stocks that recently crossed above their 50-day moving average;
| SYMBOL | DESCRIPTION | LAST | CHG | 50 DAY AVE | DAYS > AVERAGE |
|---|
| AMCN | AirMedia Group Inc | 6.59 | 0.07 | 6.53 | 1.00 | | CFSG | China Fire & Security Group | 14.34 | 0.30 | 14.05 | 1.00 | | CIIC | China Infrastructure Investmnt | 1.97 | 0.19 | 1.81 | 1.00 | | FFHL | Fuwei Films Co | 1.13 | 0.01 | 1.12 | 2.00 | | TOMO | TomoTherapy Inc | 3.54 | -0.02 | 3.51 | 2.00 | | CSUN | China Sunenergy Co Ltd | 4.29 | 0.03 | 4.18 | 3.00 | | STV | China Digital TV Hldg Co Ltd | 7.42 | -0.07 | 7.40 | 3.00 | | VIMC | Vimicro International Corp ADS | 4.62 | 0.00 | 4.47 | 4.00 | | CDII | China Direct Industries Inc | 1.63 | -0.05 | 1.61 | 6.00 | | GSOL | Global Sources | 7.45 | 0.03 | 6.65 | 7.00 | | HOLI | Hollysys Automation Tech | 11.78 | -0.10 | 11.17 | 7.00 | | JOBS | 51job Inc | 20.95 | 0.41 | 18.40 | 7.00 | | JRJC | China Finance Online Ltd ADS | 7.76 | -0.09 | 7.61 | 7.00 |
Stocks with the largest percentage gain;
| SYMBOL | DESCRIPTION | LAST | CHG | % CHG |
|---|
| CIIC | China Infrastructure Investmnt | 1.97 | 0.19 | 10.67 | | CAEI | China Architecural Engrng Inc | 1.24 | 0.11 | 9.73 | | ATAI | ATA Inc | 3.55 | 0.10 | 2.90 | | CGA | China Green Agriculture Inc | 13.82 | 0.38 | 2.83 | | CNAM | China Metals Inc | 6.41 | 0.16 | 2.56 | | CHGI | China Carbon Graphite Group | 1.27 | 0.03 | 2.42 | | NINE | Ninetowns Internet Technology | 1.82 | 0.04 | 2.25 | | FSIN | Fushi Copperweld Inc | 11.90 | 0.25 | 2.15 | | CFSG | China Fire & Security Group | 14.34 | 0.30 | 2.14 | | HRAY | Hurray! Holding Co Ltd | 3.54 | 0.07 | 2.02 |
Groupmark plans to calculate additional indicators for the financial community to reference. This data may identify undervalued opportunities hidden within the fastest growing economy in the world, China!
|
