The top 50 stocks with the largest price increase and with a final market capitalisation of more than USD 200 million is shown above, using my DBS Vickers screener. The market capitalisation criteria was too weed out most of the penny stocks but with the exception of ADRs, most of them were under a dollar.
1. China Environment: I avoid S-Chips in general. I guess the climb up is due to positive news flow. It has managed to place out shares to institutions as well as announce several big contracts.
2. HanKore: Another S-Chip? It seems like company will acquire some assets through a share offering. In my opinion, that is not very good as in increases the supply of shares although one my argue that the acquisition would unlock synergies.
