The euro was down 0.29 percent at $1.2269, after having fallen to a four-year low against the dollar at $1.2112, its lowest since April 2006 which suggests that the euro zone's debt crisis is spreading to its banking system. Concerns over another crisis in the banking sector were compounded by data signaling slowing manufacturing growth in Europe and China. After May marked the most volatile month of trading, investors focused on concerns that growth would slow in a euro zone struggling to rein in debt, in turn reducing demand for exports from economies like China, slowing production there. A survey showed the pace of China's factory output eased last month. China's PMI, an indicator of factory activity, compiled by the China Federation of Logistics and Purchasing, fell to 53.9 in May from 55.7 in April, close to analysts forecasts of 54.0, however, it stood above the threshold of 50 that separates expansion from contraction for the 15th consecutive month. A good day for the three indices that form the China 100 stock index. With a notable improvement of a slew of their stocks the three categories closed green the second day of June. Together reported a gain of 1.65% for the China 100 stock index. The Panda China Large Cap Stock Index gained 2.31%. The Tiger China Small & Mid Cap Stock Index gained 1.87% to 852.66 and the same way the Dragon China Undervalued Stock Index gained 0.65% to 766.54. Leading the list of the stocks that closed green today is Asia Cork Inc ( AKRK ) [0.36, 0.03, +9.09] a manufacturer of cork-based environmentally-friendly building materials for the Chinese and international building industry. The company announced revenues for the first quarter of 2010 increased 302% to approximately 3.6 million as compared to approximately 902,504 in the first quarter of 2009. The company reported net income of approximately 210,050 as compared to a loss of (113,541) a year earlier. ReneSola Ltd. ( SOL ) a company rated between the top ten best solar stocks gained today 7.85% to be the second stock with best performance today in the China 100 stock Index. Closing green in the third position is China Sky One Medical, Inc. ( CSKI ) [12.89, 0.90, +7.51] a leading fully integrated pharmaceutical company in China, today announced that its wholly owned subsidiaries have been recognized as Heilongjiang's Model Companies by the Heilongjiang Provincial Government. China Pharma Holdings, Inc. ( CPHI ) one of the top losers yesterday, improved its performance today to be positioned between the top gainers closing at 2.92. AirMedia Group Inc. ( AMCN ) reported 165.5 million in sales over the past 12 months and is expected to report 289.2 million in sales in the next fiscal year, today closed at the bottom of the top 5 gainers with 6.49% gained. China America Holdings, Inc. ( CAAH ) a distributor of hydrofluorocarbon, closed red losing 16.67% to 0.02 leading the top losers list today. Yuhe International, Inc. ( YUII ) announced in a regulatory filing that the company may offer up to 40 million of common stock from time to time in one or more offerings and that any net proceeds will be used for capital expenditures, possible future acquisitions, and general corporate and working capital purposes, today its shares closed red at 8.57. China Mass Media Corp. ( CMM ) an independent television advertising company in the People´s Republic of China closed today losing 4.35%. China Kangtai Cactus Bio ( CKGT ) announced today that revenue for the first quarter ended March 31, 2010 increased 66% to 5.5 million from 3.3 million in the first quarter of 2009. Adjusted net income was up 20.5% to 836,723 or 0.04 per share, closing today red at 1.56. Repeating in the list of top losers from yesterday is Yayi International ( YYIN ) that closed today at 1.55. Yayi International is the first mover and a leading producer and distributor of premium goat milk formula products for infants, toddlers, young children and adults in China.