Analysts believes that the IPOs of online marketplace 58.com Inc (ADR) (NYSE:WUBA) and travel-booking site Qunar in the second half of 2013 opened the door for another round of US stock offerings by Chinese Internet companies. 58.com Inc (ADR) (NYSE:WUBA) stock performance was 48.68% in last session and finished the day at $46.29. Traded volume…
Perfect World Co., Ltd. (ADR)(NASDAQ:PWRD) March call option implied volatility is at 72, April is at 58, September is at 54; compared to its 26-week average of 52 according to Track Data, suggesting large price movement into the expected release of Q4 results after the market close on March 10. Perfect World(ADR)(NASDAQ:PWRD)’s stock on March 6, 2014…
Saudi Aramco Mobil Refinery Company Limited (SAMREF), a joint venture of Saudi Aramco and Exxon Mobil Corporation (NYSE:XOM), has completed construction of major desulfurisation facilities, including a new hydrotreater, that dramatically cuts sulfur levels in gasoline and diesel. The project is the largest investment in SAMREF’s history and will reduce the sulfur levels in gasoline…
