Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Chinese insurer CNinsure
So what: I'll admit to being a bit baffled here. CNinsure's revenue and earnings per share were both up 30% year over year. Earnings per share were ahead of Wall Street's estimates, as was the company's projection for fourth- quarter earnings. Overall, it sounds like the business is growing and strengthening its footprint in the Chinese market.
Now what: Other small-cap Chinese companies -- particularly RINO International
Want to keep up to date on CNinsure? Add it to your watchlist.