Sky-mobi Limited MOBI
MOBI hit another 52-week high of $12.15 late last week.
The stock continues to surge on increasing volume. The latest advance in
share price came after Oppenheimer upgraded the stock to
"Outperform".
Last week, the China-based internet portal and gaming provider giant
Sohu.com SOHU, announced an advertising
agreement with MOBI.
ATA, Inc. ATAI
The Chinese-based educator spiked higher recently after it exceeded
analysts' expectations. Revenue and adjusted earnings soared 78% and
269%, respectively. Its long-term annual growth rate is 15%.
Analysts at Zacks Investment Research upgraded shares from "neutral" to "outperform".
Sify Tech. SIFY
Shares of SIFY skyrocketed last week after the company announced a new partnership with Saudi telecom. SIFY will provide ICT services to the Middle East's largest telecom carrier.
Shares of the Indian-based internet and network services have doubled
over the past four months.
Kongzhong KONG
As a Chinese ADR, KONG is the leading provider of 2.5G
wireless interactive entertainment, media and community services in terms
of revenue to customers of company China Mobile. Institutions snatched up
shares at an alarming rate with an increase of 26.7% in institutional
ownership over the past three months.
A consensus of analysts expect earnings to increase by 16.9% in 2011 and 19.6% in 2012. Company earnings are estimated to increase by 62.1% this year.
This stock is one to watch.
China Metro-Rural Holdings (AMEX:
CNR)
The stock moved significantly higher in mid-January and traded in a
fairly tight range ever since. However, that could change soon. China's
agricultural exports to Japan will grow if radiation continues to seep
into the food chain.
China exported $593 million worth of agricultural goods to Japan last year.
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