Increasing Trend of Worldwide Investment (CALI, C, FREE, BBRY)
New York, NY -- (SBWIRE) -- 03/11/2013 -- China Auto Logistics Inc., (NASDAQ:CALI) trading at $3.99 gained $1.23 or 44.54% on a volume of 547,738 shares, making it today's top percentage gainer on the NASDAQ.China Auto Logistics being one of China's top sellers of imported luxury vehicles, and also manages China's largest imported auto mall in Tianjin, additionally operates one of the leading automobile portals in China, as well as three major websites serving China's auto dealers and their customers. With an upcoming Q4 report, China stocks are expected to have another large boost, similar to the monstrous rally from $1.57 to $7.48 last November, representing a 375% surge in just two days. China Auto reported a 78.3% increase in revenues year over year, and sold 130% more luxury autos than Q3 2011.
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