China stocks were little changed on Friday morning as trading volumes shrank in a reflection of the Christmas holiday across many of the major global centres.
The CSI300 index fell 0.1 percent, to 3,825.20 points at the end of the morning session, while the Shanghai Composite Index gained 0.1 percent, to 3,614.22 points.
An index tracking transportation shares dropped 0.5 percent, while Shenzhen’s start-up board ChiNext rebounded 0.5 percent.
Business confidence among China’s entrepreneurs and bankers dipped in the fourth quarter of 2015 from the third, according to surveys by the People’s Bank of China published on Thursday.
Youku Tudou Inc (ADR) (NYSE:YOKU) closed U.S. trading at $27.09, down -0.07% from previous close. The year-to-date (YTD) performance reflected a 52.11% above last year. During the past month the stock gains 0.89% bringing three-month performance to 69.10% and six-month performance to 10.08% For this company, beta value at 2.78 represents it is more volatile to the shift in the market. If we take a look on its volatility, 0.30% was seen in a week and for the month it was 0.40 %.
Shares of New Oriental Education & Tech Grp (ADR) (NYSE:EDU) traded up 0.28% during last trading session on a U.S. exchange, closing at $32.76. The company now has a market value of $5.13B. The stock, after recent close, is 12.95% above their SMA 50 and 84.81% up the 52-week high. The worst hit in its 52 week range is $17.73 per share, with $33.56 as its 52 week best price. Its latest closing price has a distance of 3.17% from SMA20 and is 36.00% up than SMA200.
SouFun Holdings Ltd (NYSE:SFUN) settled at $7.47 during New York trading, up 1.22% from previous close and at a distance of 6.50% from 20-day simple moving average. In the last trading session, the stock’s price moved 5.42% below its 200 day moving average. The stock is currently trading 5.79% below its SMA 50. To measure price-variation, we found this stock’s volatility over a week period was 2.45% and for the month was 4.32%.