Yingli Green Energy Hold. Co. Ltd. (ADR) (YGE), HANG SENG INDEX (HSI) – Growth Investors Take Heed: China’s Slump is Getting Worse

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The bank expects margins to improve at select solar firms, and Deutsche Bank AG DB Gold Double Long ETN (NYSEARCA:DGP) analyst Vishal Shah gave a “near term positive bias” to Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), among others. Bloomberg Industries added its expectations that raw material costs will decline, along with rising prices, in a move that could help buoy the sector despite some firms’ struggles to reach profitability.

Solar wasn’t the only Chinese sector to break into the green this week and defy manufacturing’s gloomy outlook. Search engine firm Qihoo 360 Technology Co Ltd (NYSE:QIHU) picked up more than 3.3% on Friday alone after the company reportedly increased its Chinese market share to 15%. Qihoo 360 Technology Co Ltd (NYSE:QIHU)’s grown rapidly, although with size could come slower growth in the future, especially as the firm goes up against Chinese search heavyweight Baidu.com, Inc. (ADR) (NASDAQ:BIDU) for market share. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) still holds the Chinese market in a vice, even as the firm’s market share slipped below 70%, according to tech site TechinAsia. The battle for Chinese search clicks should be an interesting and lucrative fight in the future between these two firms, as more and more of China’s growing middle class expands online.

The article Growth Investors Take Heed: China’s Slump is Getting Worse originally appeared on Fool.com is written by Dan Carroll.

Fool contributor Dan Carroll has no position in any stocks mentioned. The Motley Fool recommends Baidu. The Motley Fool owns shares of Baidu.

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