seekingalpha.com/news/...ocks-ignore-market-selloff-jump-again
The Nasdaq is down 0.6% and the S&P 0.7%, but one wouldn't guess that from looking at the performance of U.S.-traded Chinese Web/mobile stocks (CQQQ +1.1%), which are continuing a torrid 2015.
Sky-mobi (MOBI +14.7%) and Xunlei (XNET +12.2%) top the list of major gainers. Others include YY (YY +4.8%), Vipshop (VIPS +4.6%), Cheetah Mobile (CMCM +6.7%), SouFun (SFUN +4.9%), Leju (LEJU +6.3%), iDreamSky (DSKY +6.4%), and Jumei (JMEI +4.1%).
Today's gains come after the Shanghai composite rose 0.9% overnight, and the Shenzhen index rose 1.3%. Bubble fears for Chinese exchanges are easy to find