LocateStock.com Daily High Five For Tuesday September 25, 2007

Jersey City, NJ – September 25, 2007

 

The LocateStock.com HIGH FIVE for Tuesday, September 25^th are:

 

5 – Aluminum Corp. of China Limited – NYSE:ACH

4 – China Eastern Airline – NYSE:CEA

3 – Yingli Green Energy Holding – NYSE:YGE

2 – China Precision Steel – NASDAQ:CPSL

1 – China Finance Online – NASDAQ:JRJC

 

Aluminum Corporation of China Limited, (NYSE:ACH) together with its subsidiaries, engages in the production, sale, and research of alumina and primary aluminum in the People's Republic of China. It operates in two segments, Alumina and Primary Aluminum.

 

* An index of Asian companies traded on U.S. exchanges rose Monday, with shares of mining companies and oil producers leading the way amid a strong outlook for commodities. Shares of mining and oil producers rose and among them was Aluminum Corp. of China, as strong commodities pricing trends lured investors. Shares of ACH went up $3.91 or 6.22 percent to $66.81 on the NYSE on Monday.

 

China Eastern Airlines Corporation Limited (NYSE:CEA) and its subsidiaries provide passenger, cargo, mail delivery, and other transportation services in China. It also provides airport ground services, including aircraft cleaning, loading and unloading of aircraft, and ground transportation of cargo and passenger luggage at Hong Qiao International Airport and Pudong International Airport.

* China Eastern Airlines extended gains last Friday, increasing 60 percent for the week and more than six-fold this year. Analysts have been speculating that Air China may take aggressive actions to derail China Eastern Airlines' stake sale to Singapore Airlines before the deal obtains general meeting approval in November. CEA plunged $23.60 or 17.93 percent t o$108.00 on the NYSE on Monday.

Yingli Green Energy Holding Company Limited, (NYSE:YGE) through its subsidiary, Baoding Tianwei Yingli New Energy Resources Co., Ltd., engages in the design, development, marketing, manufacturing, and installation and sale of photovoltaic products in the People's Republic of China and internationally. Its products include polysilicon ingots and wafers, photovoltaic cells and modules, and integrated photovoltaic systems.

* Solar stocks rose Monday after several companies reported contracts, products and supply agreements, helping allay concerns that a tight market for polysilicon will hurt results. Yingli Green Energy Holding was among the biggest gainers, with a rise of $2.45, or 10.5 percent, in morning trading. The company reported a supply agreement with Germany's Wacker Chemie AG earlier in the day. Effective with the market open on Monday, 9/24 Yingli was added to the NASDAQ Clean Edge U.S. Index (CLEN) and the NASDAQ Clean Edge U.S. Liquid Series Index (CELS). YGE ended the day higher on the NYSE by $1.29 or 5.51 percent to $24.72.

China Precision Steel, Inc., (NASDAQ:CPSL) through its subsidiary, Shanghai Chengtong Precision Strip Co., Limited, operates as a precision steel processing company that engages in the production and sale of high precision cold-rolled steel products in the People's Republic of China. It produces thin cold-rolled precision steel strips ranging from 3.0 mm to 0.03 mm.

* U.S.-listed shares of overseas companies rose on Monday, led by Asian companies after China's stock regulator approved a public offering by the country's largest oil and gas producer. China Precision Steel was among Monday’s movers rising, $2.64 or 50.00 percent in the session.

China Finance Online Co. Limited, (NASDAQ:JRJC) through its subsidiaries, engages in selling online financial services analyzing financial and listed company information in the People's Republic of China. It offers subscription-based services based on a single information platform that integrates data and information from various sources with features and functions, such as data and information search, retrieval, delivery, storage, and analysis.

* An index tracking Asia-based companies that trade on U.S. exchanges rose modestly last Wednesday, following a half-percentage point cut to the benchmark U.S. federal funds target rate. China Finance added 25 percent Wednesday, 16.3 percent Thursday, 5.1 percent on Friday and an additional 12.91 percent on Monday. JRJC shares gained $3.00 to close at $26.23 on Monday, 9/24.

The daily HIGH FIVE stocks are determined by the company’s proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

 

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The Company recently launched LocateStock TV, a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, Inc.