While share prices were wobbly before, now China’s stocks are on a winning streak. It is the sixth day in the streak and it is giving hope to Chinese investors. Here is the latest on these three Chinese stocks: Alibaba Group Holding Ltd (NYSE:BABA), Cheetah Mobile Inc (ADR) (NYSE:CMCM), and SouFun Holdings Ltd (NYSE:SFUN).
The Alibaba Group Holding Ltd (NYSE:BABA) stock was at $84.15 during last close in US trading. That amount is up 1.61 points or up 1.95%, in other words, from its close the previous day. In terms of its performance over the last 12 months, the stock has a dip of -19.04% from the previous year. Its six-month performance is down 18.35%, while the three-month performance was up 2.56%. Losses over the past month for the stock are at -1.79%.
Trading is up for Cheetah Mobile Inc (ADR) (NYSE:CMCM), up at 4.36% as of recent close in US trading, when it closed at $27.74. Recently the stock was trading at between the values of $26.32 and $27.96. Over the past 52 weeks, the stock at its recent close was -8.02% below its SMA 50 and was -24.13% below its high over those same 52 weeks. It was 2.16% away from the SMA 20 as of last close and was up 28.11% from SMA 200 at that point in time too.
SouFun Holdings Ltd (NYSE:SFUN) in New York trading is at $7.46. That value puts the stock down -0.20 points or -2.61%. At last close, it was down -2.41% from its SMA200 and was traded at -8.06% under its SMA 50. It is considered riskier than the shifts to the equity market as the beta value is at 2.09. The volatility of the stock over one week is 4.21% and looking over the past month it was at 6.21%.