According to the news, Wealthy travelers snap up trips around the globe , a half-a-million-yuan tour around the world sold out in less than 10 minutes in mainland China. The trip worth $73,200 US dollars will take tourist to six continents for over 60 days. Tourists will travel by air, train, helicopter, and ship and will stay in top-level hotels all the way. Ctrip.com said the sales target was met nine minutes after the package went on sale and more than 30 mainland tourists had called to inquire about the product. The 2010 Hurun Wealth Report shows that there are 875,000 people with more than RMB 10 million, or $1.47 million US dollars, in China today, an increase of 6.1% from last year. The average age of China’s wealthy is 39 years old and travel, golf, and swimming are their leisure activities of choice. On the back of strong economic growth, China is at a stage of explosive growth in travel industry. Ctrip.com International ( CTRP ), a leading travel service provider in China, was oversold following an excessive sell-off starting last Friday and had a reversal today. Shares of the company broke above 50-day moving average and finished 5.63% higher to $38.06. Universal Travel Group ( UTA ) had a third rally and broke straight through the 50-day moving average. Shares added 2.72% on average volume. Biostar Pharmaceuticals ( BSPM ) announced that it is approved for listing on NASDAQ global market and its stock will commence trading on NASDAQ tomorrow. Shares were propelled immediately and surged 6.73% for the day. Amid the session, BSPM set a new 52-week high of $5.50. The trade was active with 1.08 million shares trading hands, over five times the average trading volume or 6.75% of the float. Telestone Technologies ( TSTC ) slightly climbed back from previous losses and settled 6.45% higher to $14.53 accompanied by light volume, 43% less than the average trading volume. The stock has a support located at $13.14. China-Biotics ( CHBT ) make it the third rally with a 4.48% gain following a positive news announced by the company this Tuesday and an encouraging commentary posted on TheStreet.com yesterday. Solarfun Power Holdings ( SOLF ) climbed back from yesterday’s loss, adding 4.46% to close at $8.66. The stock has a solid support at $8.00. Yanglin Soybean ( YSYB ) reported its 2009 annual financial results last Friday. Total revenues for the full year 2009 decreased 35.6% to $161.6 million as the combination of demand softness and oversupply of imported soybeans. Net income was $44.9 million, or $1.42 per diluted share, compared to $9.9 million, or $0.26 per diluted share, for the last year. The company has also restated the financial statements of 2008 as a result of the company’s failure to achieve listing on a National Stock Exchange. The company’s major shareholder committed to transfer 1 million shares of common stock to the purchasers of shares of Series A Convertible Preferred Stock. The company recorded a stock exchange listing expense for $4.48 million for the year of 2008. Yanglin Soybean is extremely lack of investor awareness with very thin trading volume. Shares of the company were down 13.21% with little volume traded. Shares of 51job ( JOBS ) broke below the support level at 50 day moving average and sank 6.01% to $17.20 for the day with 250,000 shares traded. JOBS has a very small float of 7.4 million shares which keeps the stock volatile. The next possible support would be at $15.32. L & L International ( LLEN ) continues its downward momentum from the previous gains, lagging 5.13% to $11.35 on recent average volume. The stock has a support located at its rising 50-day moving average. The policy of tightening bank loan for third-home purchases and the concern of China’s housing bubble have continually pushed Chinese real estate stocks down. Xinyuan Real Estate Company ( XIN ) dropped 4.20% to $3.65 while E-House China ( EJ ) slipped 2.28%. Both stocks are traded below the 50-day and 200-day moving averages. Shares of China Kangtai Cactus Bio ( CKGT ) continue to pull back from previous gains underpinned by positive 2009 earnings results. The stock finished with a loss of 2.88% to $2.36, above its 50-day moving average of $2.27.