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Tuesday, November 29, 2005

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

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