Adam Krejcik News
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E-Commerce Dangdang Inc. and Sina Corp. tumbled, sending an index of Chinese stocks in the U.S. to a four-week low, on concern the global economic slowdown will undermine online sales and advertising.
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Glu Mobile Inc., the maker of “Contract Killer: Zombies” and “Gun Bros” games for smartphones, is offering potential buyers the fastest sales growth among U.S. mobile gaming competitors.
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Sina Corp. gained, helping Chinese shares traded in New York to a five-month high, after analysts recommended buying the nation’s Internet companies as users climb and their stock trades cheaper than peers in the U.S.
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Sina Corp., owner of the Twitter- like Weibo service in China, plunged to a 15-month low after the company said that Beijing’s municipal government will force microblog users to verify their identifies.
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Chinese stocks trading in the U.S. rose from a two-month low, led by gains in Huaneng Power International Inc. and China Eastern Airlines Ltd., on speculation policy makers may take steps to spur growth.
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Chinese stocks trading in the U.S. posted the biggest weekly drop in three months as Baidu Inc. and Yanzhou Coal Mining Co. declined on concern the economic slowdown in the world’s second-largest economy is worsening.
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Solar stocks drove Chinese companies traded in the U.S. to a four-month high, after panel manufacturers said the country may double installations this year as the government pushes to consolidate the industry.
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Chinese stocks traded in the U.S. rose Dec. 9 for the first day in four, paring losses for the week, as European efforts to stem the region’s debt crisis boosted energy and materials companies to a premium over Hong Kong shares.
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Chinese stocks traded in the U.S. fell, led by Renren Inc. and Shanda Games Ltd., on concern that profit growth will slow at Internet companies as they increase investment to fend off competition.
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Chinese stocks traded in the U.S. rose for the first day in four as European efforts to stem the region’s debt crisis boosted energy and materials companies to a premium over Hong Kong shares.
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