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China Vesting Issues Update on China Direct Industries, Inc. (CDII)

LOS ANGELES, CA — (Marketwire) — 09/29/11 — China Vesting, a leading investment newsletter dedicated to Chinese public companies listed in the United States, today announced that is has issued an update on China Direct Industries, Inc. (NASDAQ: CDII). The update is available here: http://chinavesting.com/top-china-stock-pick-articles/Major-Insider-Buys-at-China-Direct-2011-09-29.htm

China Direct Industries, Inc. insiders have bought a total of 219,000 shares in the open market between 9/21/2011-9/26/2011:

Name              Position        Date         Shares     Price   Total Cost
Andrew Wang       CFO / Exec. VP  9/26/2011      15,000    $0.86     $12,900
Adam Wasserman    Director        9/23/2011      14,000    $0.85     $11,900
Wang Yuejian      CEO             9/22/2011     150,000    $0.87    $130,500
Sheldon Steiner   Director        9/21/2011      20,000    $0.90     $17,940
Philip Shen       Director        9/22/2011      20,000    $0.86     $17,190
                                                219,000             $190,430

China Direct Industries, Inc., is a U.S. based company that sources, produces and distributes industrial commodities in China and the Americas and provides business and financial consulting services. Headquartered in Deerfield Beach, Florida with corporate offices in Shanghai, China Direct Industries’ unique infrastructure provides a platform to expand business opportunities globally while effectively and efficiently accessing the U.S. capital markets.

About China Vesting:

China Vesting researches 500 of the top U.S. Listed Chinese Public Companies and tracks the best 100 with state-of-the-art performance benchmarks. China Vesting is based in Dongguan China, an industrial city located in the Pearl River Delta. Dongguan borders the provincial capital of Guangzhou to the north, Huizhou to the northeast, Shenzhen to the south, and the Pearl River to the west. Our network consists of Chinese officials, investment bankers, venture capitalists, scholars, academics and most importantly entrepreneurs that track China Stocks.

CONTACT:
China Vesting Inc.
Chang Huan
+8615625023164
Email Contact
http://www.chinavesting.com

Thursday, September 29th, 2011 Uncategorized
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