S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Investing

Top Chinese Stocks Massively Higher in New York

Photo of Jon C. Ogg
By Jon C. Ogg Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

shanghai
Thinkstock
With Shanghai posting a massive rally, there are many big stocks on the move that trade in the United States that are really Chinese outfits. That is what happens when Shanghai rises almost 6% and Hong Kong’s Hang Seng was up almost 4%.

24/7 Wall St. has decided to pull the biggest American depositary share (ADS) movers from China as of Thursday morning. These have to be traded either on the Nasdaq or New York Stock Exchange, so we avoided all over-the-counter and other penny stocks. They had to have traded at least 1 million shares and have a market cap of $250 million or more.

These are the top Chinese players on the move this Thursday.

AirMedia Group Inc. (NASDAQ: AMCN) operates out-of-home advertising platforms, primarily in the People’s Republic of China. Shares were up 22% at $4.55 Thursday morning, against a 52-week trading range of $1.65 to $7.70. AirMedia’s market cap is still very small at $277 million.

ALSO READ: Will Shanghai Crash Like Nasdaq Did in 2000 and 2001?

SINA Corp. (NASDAQ: SINA) is an online media company with online brand advertising in China. Its market cap is $2.86 billion, based on its gain of 13.5% to $49.03. It has a 52-week range of $31.92 to $61.25.

500.com Ltd. (NYSE: WBAI) provides online sports lottery services in the People’s Republic of China. Its shares were last seen up 19% at $20.26, against a 52-week range of $7.31 to $42.28. On last look, the market cap here was right at $700 million.

Cheetah Mobile Inc. (NASDAQ: CMCM) operates a platform offering mobile and PC applications for users and content distribution channels for business partners in China. Its shares were last seen up 15% at $26.47, within a 52-week range of $14.76 to $36.63, and its market cap is $3.6 billion.

Noah Holdings Ltd. (NYSE: NOAH) offers wealth management services for high net worth individuals and companies in China. Noah shares were up almost 19% at $25.63, against a $12.89 to $37.96 range in the past year. Noah’s market cap is $1.45 billion.

Weibo Corp. (NASDAQ: WB) is a social media platform for people to create, distribute and discover Chinese-language content. It was up 16% at $15.57, and the 52-week range is $12.11 to $26.08. Weibo’s market cap is $3.2 billion.

ALSO READ: 5 Chinese Companies for the Value Investor’s Watch List

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

52% of Americans Are Building Wealth While Ignoring Their Greatest Risk
David Beren |

52% of Americans Are Building Wealth While Ignoring Their Greatest Risk
3 Reasons Retirees Should Not Enroll in Medicare Advantage for 2026
Don Lair |

3 Reasons Retirees Should Not Enroll in Medicare Advantage for 2026

Continue Reading

SINA Gears Up for Weibo Distribution
Chris Lange |

SINA Gears Up for Weibo Distribution

SINA watched its shares slide on Wednesday following the announcement that the company will be distributing part of its stake…
Jon C. Ogg |

SINA Rides China Social Media & Microblogging Growth Bandwagon

SINA Corp. (NASDAQ: SINA) is surging this morning after the company’s user base reached the 300 million registered user mark…
Trey Thoelcke |

Sina Prepares to Take Weibo Public Despite Government Crackdown

Weibo, the Chinese social-media platform often compared to Twitter, may go public in the second quarter. The move comes as…
Jon C. Ogg |

The 10 Best Chinese Stocks to Own Now

24/7 Wall St. has reviewed 10 of the better known Chinese stocks that trade as American Depositary Shares in New…
Douglas A. McIntyre |

China Stock Market Bubble: An Ill Wind From The East

Even the Chinese are anxious about their surging stock markets. Officials at the Shanghai Stock Exchange are voicing concerns that…
Jon C. Ogg |

Weibo, the Twitter of China, Debuts Weak IPO Pricing

Weibo has priced its initial public offering of 16,800,000 shares at $17 per share for trading on Thursday. What investors…
Paul Ausick |

IPO Preview: Another Big Week Ahead

ThinkstockFollowing a week with eight initial public offerings (IPO) launched, the coming week has 11 more on the table, including…
Paul Ausick |

The Big Bounce For Chinese Internet Stocks

Three of China’s bigger Internet players reported earnings this morning, and the results are lifting virtually all of the country’s…
Paul Ausick |

Qihoo 360’s Monetization Plan Working Brilliantly

Qihoo 360 reported better-than-expected first-quarter fiscal 2014 results after markets closed Tuesday evening. Chinese Internet companies are worth watching as…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618