Shengdatech Inc., (NASDAQ:SDTH) was trading around $3.88 today on a quarter million plus volume today. Liquid. SDTH is based in Taian City, China and employs 1,300 people in the Specialty Chemical Industry. The Company was founded in 2005.

I like this company because they earn money. SDTH also knows how to apply its core competencies to new markets. Tires for example; as I’ll explain...

SDTH engages in developing, manufacturing, and marketing nano precipitated calcium carbonate (NPCC) products. SDTH NPCC products are used in paper, paints, rubber, plastic, tire, and polyvinyl chloride building materials industries.

ReneSola was recently admitted to the NASDAQ Clean Edge U.S. Liquid Series Index, (NASDAQ:CELS). The Index is designed to track the performance of clean-energy companies that are publicly traded in the U.S. The Index includes companies engaged in the manufacturing, development, distribution, and installation of emerging clean-energy technologies such as solar photovoltaics, biofuels and advanced batteries. So mark up another achievement for SOL.

Established in 2003 and based in Jiashan, China (with 3,100 full time employees), SOL stock trades around $9 with good liquidity; coming in the other day at nearly 1,600,000. The market cap was $2.3 billion and SOL sports a TTM revenue of $463.89 million. The SOL TTM return on equity is 25.4%. Impressive! A few more numbers in a paragraph or two...

NetEase.com Inc., ADS (NASDAQ:NTES) trades in the $20 range and is one of China’s premier subscriber Internet communities. It operates in four segments: Online Game Services, Web Portals and Websites, Advertising Services, and Wireless Value-added Services. NTES employs approximately 2,400 employees, was founded in 1997 and is based in Beijing.

The Online Game Services segment develops and operates MMORPGs, the massively multi-player online role-playing games that are played on the Internet in virtual worlds that exist on networked game servers to which various players connect and interact; online casual game platforms with various multi-player games; and Tianxia II, an item-based online game.

NTES uses a point card system of debits and credits and distributes its point cards to gamers through wholesalers, Internet cafes, software stores, supermarkets, bookstores, newspaper stands, and convenience stores.

These people have online gamers wired!

I came across this company because of its ‘five star’ rating and gave it a look over. Please give it a look as well and see what you think...

Zhongpin Inc., (NASDAQ:HOGS) was trading around $10 today on a 65,000 share volume. The Company is based in Changge City, China and HOGS is in the Meat Products Industry (who would have guessed with a ticker symbol like that?). HOGS employs approximately 3,980 people.

Zhongpin, through its subsidiaries, engages in the meat and food processing and distribution business primarily in the Peoples Republic of China. HOGS offers chilled and frozen pork products; pig by-products and various meats; and prepared meats, such as sausages, hams, and Chinese cured hams, as well as fruit and vegetable products, including asparagus, sweet corn, broccoli, mushrooms, lima beans, strawberries, and capsicum under Zhongpin brand name.

Transportation in China is for the most part, privatized. The government still holds a stake, but only on paper and as the revenues flow in. The good part is; government bureaucracy and regulations are well in hand of company managers and the bad news is; the government has a little say overall operations. Today’s look at a railroad line in China reminds me of Amtrak and what happens when the government is completely in charge.

Guangshen Rail Company Ltd., ADS (NYSE:GSH) at around $26 a share on volume of 147,197 today (up $1.83) was trading near $30 in May. Today’s Market Cap settled at $134.38 billion. Formed in 1996, GSH has 33,450 employees and is based in Shenzhen, China.

China Sky One Medical (NASDAQ:CSKI) raised its full-year 2008 revenue guidance to $88-$90 million, up from its prior guidance of $81-$83 million, previously announced on August 12, 2008. It changed guidance upwards, seven weeks after issuing it; impressive.

In addition, the Company now estimates that full-year 2008 net income will be in the range of $27-$28 million, up from its previous estimate of $25.9-$26.6 million.

So who are these guys and what do they sell?

Incorporated in Nevada (taxes), CSKI operates from Haban, China and has approximately 1,450 employees. The stock is trading (as of this writing) around $12 on light volume. Part of the surging Chinese Healthcare Sector of the drug and pharmaceutical Industry, CSKI specializes in over-the-counter products.

China Pharma Holdings Inc., (OTCBB:CPHI) is trading today around $2 on a volume of nearly 37,000 and it caught my eye because of its projected revenues. According to CPHI’s CEO citing recent sales figures, China Pharma is adjusting its projected Q3 revenue growth upwards to between 40% and 45%. That’s a huge jump!

CPHI is engaged in the research, development, manufacturing, and marketing of pharmaceutical and nutritional supplements that treat a wide range of conditions, including cardiovascular and CNS diseases, infections, digestive diseases and other prevalent diseases. China Pharma Holdings Inc., is registered in Delaware, USA. Hainan Helpson Bio-pharmaceutical Co., Ltd (Helpson), located in Haikou City, Hainan Province, China, is a wholly owned subsidiary of China Pharma Holdings, Inc.

What’s an $8 stock doing on the pinks? Well it certainly isn't because it’s a Depository Receipt or lacks substantial liquidity... I can’t find the reason in company postings so I’m going to straight out guess it has something to do with filings. Only a guess. But none the less, I couldn’t find hardly anyone that didn’t pick this company as a winner.

Brilliance China Automotive Holdings ADS (PK:BCAHY) peaked in May at $19 and closed today at $8.50. A sure fire bargain? Brilliance just released a six month balance sheet for the first half of 2008 and in year over year comparisons had a total of 4.7 million sedans sold domestically, representing a 23.5% increase from the previous year.

But I don’t think it’s that, I think it’s the deal with BMW.

It seems like the word most related to this stock is ‘Outperform’ (the market). Sina Corporation (NASDAQ:SINA) was trading above $55 in May and dropped to $35 and change today and that makes it very attractive. Very.

Sina has 2080 full times employees, was founded in 1997 and is headquartered in Shanghai, the Peoples Republic of China. Through its subsidiaries, Sina operates as an online media company and information services provider in the Peoples Republic of China. It operates in five business lines: SINA.com, SINA Mobile, SINA Community, SINA.net, and SINA E-Commerce.

The SINA.com business line offers online advertising, news, and content solutions, including banner, button, and text-link advertisements; channel and promotional sponsorships; advertising campaign design and management services; and free interest-based channels.

For those of you keeping track; the DOW fell 504 points Monday, gained 141 back on Tuesday and lost 450 today. That’s a loss of 813 points in three days.

"People are scared to death," said Bill Stone, chief investment strategist for PNC Wealth Management. That was pretty much the sentiment today as the DOW dropped 450 points to settle at 10,609.

The news today that generated the downfall was fourfold: the AIG bailout by the U.S. government, a possible buyout of JP Morgan (NYSE:JPM) by Wachovia (NYSE:WB), the New York Times reporting that Washington Mutual (NYSE:WM) was going up for sale and Goldman Sachs (NYSE:GS) (the Tiffany’s of Wall Street) losing 14% of its stock value today. That’s 14% in a single day on no news from Goldman.

From the Associated Press: Here's a look at four actions that required more than $600 billion of taxpayers' money.