Lithium Battery Stock; China BAK Battery Leads NASDAQ Top Percentage Gainers
China Battery Maker Gains over 40%
Category: Investment, China, Renewable Energy
News about China BAK Battery, Inc.
New York, New York, Point Roberts, WA - November 26, 2012 (Investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research including cleantech and China stocks, reports on top traders on the NASDAQ for Monday morning’s session. China BAK Battery, Inc. (NASDAQ: CBAK) leads the NASDAQ top percentage gainers, trading at $2.53, up 0.81 or 46.80% as of 11:17AM EST. Two of the top five gainers are China stocks in morning trading, including Zhongpin, Inc. (NasdaqGS: HOGS).
China BAK Battery, Inc. (NASDAQ: CBAK) is a leading global manufacturer of lithium-based battery cells. The Company produces battery cells that are the principal component of rechargeable batteries commonly used in cellular phones, smartphones, notebook computers, e-bikes, electric vehicles, power tools, uninterruptible power supplies, and portable consumer electronics such as portable media players, portable gaming devices, personal digital assistants, or PDAs, camcorders, digital cameras, and Bluetooth headsets. China BAK Battery, Inc.'s production facilities, located in Shenzhen and Tianjin, PRC, cover over three million square feet. http://www.bak.com.cn.
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