Morning Watch: Gainers & Losers
51job Inc. (Nasdaq: JOBS) continued its climb on the market this morning after reporting high revenue and income growth in the first quarter. The company's shares rose another 4 percent to $88.60 per American depositary share.
Biostar Pharmaceuticals Inc. (Nasdaq: BSPM) rose as high as 84 percent in early trading, up to $4.07 per ADS. The company has not announced any news.
The shares of China Recycling Energy Corp. (Nasdaq: CREG) rose 37 percent in premarket trading, falling to 16 percent on Friday morning, at $2.85 per ADS.
Euro Tech Holdings Company Ltd. (Nasdaq: CLWT) released a statement on Thursday evening, saying it would delay filing annual report until May 15. The company's shares briefly rose 27 percent up to $7.30 per share this morning, before Nasdaq halted its trading, bringing its stock 25 percent down to $4.30 per ADS.
Hailiang Education Group Inc. (Nasdaq: HLG) was also one of the biggest decliners among 150 Chinese ADSs monitored by CapitalWatch, falling 7 percent down to $74.05 per share in early trading.