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Wall Street Fundamentals Releases New In-Depth Stock Reports on BITA, EJ, KNDI and YOKU

ACCESSWIRE

Asian markets rose Tuesday on optimism of stimulus measures. The Shanghai Composite Index gained 1.92 percent to close at 2,098.28. Recent economic data has suggested China will need additional stimulus measures to meet its growth target of 7.5 percent. "There’s speculation the government will introduce some measures to stabilise growth as the market expects March data to be poor," said Wang Weijun, a strategist at Zheshang Securities Co. Here is how some Chinese-based equities reacted Tuesday:

Bitauto Hldg Ltd. (NYSE:BITA - News) shares traded in the range of $32.56 to $35.85 Tuesday before settling to close at $35.39, an increase of 8.56 percent. The stock appears to be facing some resistance at the $36.50 and $39.34 levels with some support at $32.54 and $30.00. Shares of Bitauto are up approximately 10.0 percent year-to-date.

More information on Bitauto and access to the free equity report can be found at:
www.WallStreetFundamentals.com/BITA

E-House (China) Holdings Limited (NYSE:EJ - News) shares traded in the range of $10.19 to $11.50 Tuesday before settling to close at $11.48, an increase of 9.33 percent. The stock appears to be facing some resistance at the $11.50 and $11.82 levels with some support at $10.18 and $9.02. Shares of E-House have fallen approximately 24.0 percent year-to-date.

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More information on E-House and access to the free equity report can be found at:
www.WallStreetFundamentals.com/EJ

Kandi Technologies Group Inc. (NASDAQ:KNDI - News) shares traded in the range of $13.36 to $14.59 Tuesday before settling to close at $14.34, an increase of 8.72 percent. The stock appears to be facing some resistance at the $15.41 and $17.18 levels with some support at $13.80 and $11.31. Shares of Kandi Technologies Group are up approximately 21.0 percent year-to-date.

More information on Kandi Technologies Group and access to the free equity report can be found at:
www.WallStreetFundamentals.com/KNDI

Youku Tudou Inc. (NYSE:YOKU - News) shares traded in the range of $24.20 to $25.29 Tuesday before settling to close at $25.00, an increase of 3.69 percent. The stock appears to be facing some resistance at the $25.35, $26.35 and $26.87 levels. Shares of Youku Tudou have fallen approximately 17.0 percent year-to-date.

More information on Youku Tudou and access to the free equity report can be found at:
www.WallStreetFundamentals.com/YOKU

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

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Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com