Two Chinese Stockpile Composed To Go Higher - Seeking Alpha

Two stocks poised to go higher are: China Automotive Systems Inc. CAAS ), a power-steering component and systems supplier, signed its first aftermarket assistance contract in the U.S. Dorman Products Inc. CAAS has been working with them because May 2006 to develop two power steering models., Volvo S40 sedan.

CAAS is in ongpoing talks with Hubei Wanlong Investment Co. 36.55 stake in its Parts division. It presently owns a 44.5% stake and would give it controlling interest in the Co. Henglong's $54.5 million in sales was equal to 57% of CAAS sales. A allot could close in the first quarter.

Chinese Shenghuo Pharmaceutical Holdings ( KUN ) offers a collection of products ranging from pharmaceuticals, nutritional products to cosmetics. The stock has traded as high as 19 in October; it has fallen back the 6- 8 level since and is poised to go much higher. Why? Two reasons leap to mind.

No analyst shelter the inventory and KUN announced on December 26 that it won a bid to launch its new Chinese Herbal Cosmetics on China Central Tv CCTV. This is the first time a Chinese Herbal Cosmetics company has won commercial airtime in CCTV's most popular time slot.

The word of the treaty will run from January 1 2008 to December 31 2008. Segments testament be aired 10 times a day on three changed channels.

By the way, CCTV is not only the national television network of the People's Republic of China, it's the largest. These two stocks should make for a very happy new year. Disclosure: Mick Flaherty About this author: 58616-two-chinese-stocks-poised-to-go-higher'; window.sb recommendations url prefix 'http: Editor's Hand-pick Most Popular Berkshire Muni Bond Insurance: Bullish For Assured Guaranty Interactive Brokers:

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