The Chinese markets are recovering from the recent correction and Paul Goodwin, editor of Cabot China & Emerging Market Report, tells WallStreetReporter.com that he believes the USX China Index should break through the 6750 resistance levels and head higher.
There are two hot IPOs out of China that have caught Paul’s eye: ReneSola Ltd. (NYSE: SOL), maker of silicon wafers for solar panels, and VisionChina Media (NASDAQ: VISN), a Chinese advertising company.
More information on Cabot China & Emerging Markets Report
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