China ADRs Under Pressure

China ADRs are under the pressure today and drag the whole Asia ADR index down. The China stocks in red are

• Baidu.com (BIDU): down 2.64% or $2 per share and ends the day at $76.39 per share
• Shanda(SNDA): drop 3.52% or 67 cents to $18.38 per share
• Sina.com(SINA): down 2.41% to $24.7 per share
• Netease(NTES): down $1.27 dollar or 2.17% to $57.38 per share; almost $30 off its privious month high of $91 per share
• TOM Onlin(TOMO): the wireless service company is down 4.2% to $20.26 per share