CWS springs higher, MOT active, KONE sinks

China Wind Systems Inc. (Nasdaq: CWS) gained 17.99 percent in price Thursday to $3.41. Volume of 236,605 shares trampled its full-day average of 77,302. CWS is a leading supplier of forged rolled rings and other forged components to the wind power and other industries and industrial equipment primarily to the textile industry in China.

Motorola Inc. (NYSE: MOT) traded Thursday in 55,247,292 shares, nearly doubling its full-day average. MOT share prices gained 5.19 per cent, to $8.91. Nokia Siemens Networks on Wednesday won approval from the European Union (EU) to buy the U.S. -based Motorola Network Business.

Kingtone Wirelessinfo Solution Holding Ltd (NasdaqCM: KONE) reversed 9.79 percent Thursday to $3.41. Volume of 211,373 shares more than doubled its full day average. KONE is a leading China-based software and solutions developer focused on wirelessly enabling businesses and government agencies.

Tags: china stocks, communications, CWS, KONE, MOT, nasdaq, NYSE, Technology Stocks

This entry was posted on Thursday, December 16th, 2010 at 1:48 pm by Glenn and is filed under Technology Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.