Extremely oversold Chinese stocks offer trading opportunities. 51job Inc. (NASDAQ:JOBS) is the most extreme China play. The stock has reached OS position and is below the trading range. 51job, Inc. (ADR) (NASDAQ:JOBS) shares after opening at $68.35 moved to $69.60 on last trade day and at the end of the day closed at $67.10. Company price to sales ratio in past twelve months was calculated as 7.66 and price to cash ratio as 3.92. 51job, Inc. (ADR) (NASDAQ:JOBS) showed a negative weekly performance of -6.18%.
IMS Health Holdings Inc (NYSE:IMS) rose in its trading debut, after the prescription-data provider’s initial public offering priced within its expected range. The offering raised $1.3 billion, marking 2014′s second-biggest corporate debut so far. IMS Health shares advanced 15% to 23. IMS Health Holdings Inc (NYSE:IMS) shares advanced 15.00% in last trading session and ended the day on $23.00.
Private equity giant Blackstone Group L.P. (NYSE:BX) has agreed to buy US-based industrial conglomerate Gates from its Canadian owners for $5.4bn. The Blackstone Group L.P. (NYSE:BX) shares moved down -2.26% in last trading session and was closed at $32.80, while trading in range of $32.57 – $34.48. The Blackstone Group L.P. (NYSE:BX) year to date (YTD) performance is 6.08%.
SeaWorld Entertainment Inc (NYSE:SEAS) edged lower after the theme park and entertainment company priced an offering by the selling stockholders affiliated with The Blackstone Group L.P. The selling stockholders are offering 15,000,000 shares of SeaWorld Entertainment Inc (NYSE:SEAS)’s common stock at a price of $30.00 per share. SeaWorld Entertainment Inc (NYSE:SEAS) weekly performance is -0.56%. On last trading day company shares ended up $29.97. SeaWorld Entertainment Inc (NYSE:SEAS) distance from 50-day simple moving average (SMA50) is -7.68%. Analysts mean target price for the company is $38.00.