I came across an article on SeekingAlpha that showed the return on Chinese stocks. While I believe China has a lot of potential, a lot of my colleagues believe the Chinese stock market has gone up too quickly in the recent couple of years and seems to be a bubble. There is a lot of short interest in Chinese stocks and they are winning big time this year. Notice only 5 stocks actually had a positive return in June, CMED because of earnings. Only 8 are positive YTD.
|
Name |
Symbol |
06/30/08 Price |
June return (%) |
YTD return (%) |
|
3SBio |
SSRX |
9.06 |
-16.27% |
-39.11% |
|
51Job |
JOBS |
18.32 |
-6.86% |
1.66% |
|
Acorn international |
ATV |
6.97 |
-12.11% |
-25.29% |
|
Actions Semiconductor |
ACTS |
3.45 |
0.58% |
-15.44% |
|
Agria |
GRO |
4.28 |
-11.20% |
-54.13% |
|
AirMedia Group |
AMCN |
14.44 |
-17.58% |
-35.48% |
|
Aluminum Corp of China |
ACH |
28.54 |
-34.77% |
-43.64% |
|
APT Satellite |
ATS |
1.3601 |
-12.25% |
-36.74% |
|
ATA* |
ATAI |
13.01 |
-13.84% |
36.95% |
|
Baidu.com |
BIDU |
312.96 |
-9.30% |
-19.71% |
|
China Architectural Engineering |
CAEI |
9.77 |
10.77% |
12.95% |
|
China Digital TV |
STV |
13.91 |
-23.66% |
-48.44% |
|
China Eastern Airlines |
CEA |
31.34 |
-29.87% |
-67.91% |
|
China Finance Online |
JRJC |
15.27 |
-37.85% |
-30.59% |
|
China Grentech |
GRRF |
4.56 |
-8.80% |
-48.42% |
|
China Life Insurance |
LFC |
52.18 |
-13.54% |
-31.79% |
|
China Medical Tech |
CMED |
49.4 |
25.29% |
11.29% |
|
China Mobile |
CHL |
66.95 |
-9.27% |
-22.93% |
|
China Nepstar |
NPD |
8.66 |
-24.96% |
-50.74% |
|
China Petro & Chemical |
SNP |
92.89 |
-7.91% |
-37.32% |
|
China Southern Airlines |
ZNH |
19.79 |
-38.31% |
-69.76% |
|
China Sunergy |
CSUN |
8.27 |
-29.44% |
-49.94% |
|
China Techfaith |
CNTF |
4.22 |
-11.16% |
-27.24% |
|
China Telecom |
CHA |
54.39 |
-23.57% |
-30.33% |
|
China Netcom |
CN |
54.59 |
-20.31% |
-8.10% |
|
China Unicom |
CHU |
18.52 |
-18.74% |
-17.32% |
|
ChinaEdu |
CEDU |
4.75 |
-13.79% |
-44.12% |
|
City Telecom (HK) |
CTEL |
4.53 |
-5.62% |
-19.82% |
|
CNinsure |
CISG |
14.61 |
-6.55% |
-8.63% |
|
CNOOC |
CEO |
173.54 |
-2.12% |
3.65% |
|
Ctrip.com |
CTRP |
45.78 |
-21.58% |
-20.34% |
|
E-House |
EJ |
11.36 |
-24.27% |
-52.33% |
|
eLong |
LONG |
7.1 |
-12.24% |
-14.25% |
|
Focus Media |
FMCN |
27.72 |
-31.20% |
-51.21% |
|
Fuqi International |
FUQI |
8.76 |
-22.34% |
5.54% |
|
Giant Interactive |
GA |
12.12 |
-17.49% |
-6.63% |
|
Global Sources |
GSOL |
15.18 |
0.53% |
-46.27% |
|
Guangshen Railway |
GSH |
22.41 |
-11.49% |
-37.12% |
|
Gushan Environmental Energy |
GU |
11.62 |
-16.28% |
24.28% |
|
Home Inns & Hotel |
HMIN |
19.01 |
-22.63% |
-46.63% |
|
Huaneng Power |
HNP |
27.65 |
-18.05% |
-33.05% |
|
Hurray! |
HRAY |
3.16 |
6.40% |
-20.60% |
|
Hutchison Telecomm |
HTX |
21.24 |
-2.66% |
-6.23% |
|
JA Solar |
JASO |
16.85 |
-20.78% |
-27.59% |
|
Kongzhong |
KONG |
3.73 |
-18.02% |
-38.75% |
|
Las Vegas Sands |
LVS |
47.44 |
-31.68% |
-53.96% |
|
LDK Solar |
LDK |
37.88 |
-17.74% |
-19.42% |
|
Linktone |
LTON |
1.84 |
-13.21% |
-40.45% |
|
Longtop Financial Tech. |
LFT |
16.56 |
-14.24% |
-30.07% |
|
Melco PBL Entertainment |
MPEL |
9.32 |
-21.61% |
-19.38% |
|
Mindray Medical |
MR |
37.32 |
-10.93% |
-13.15% |
|
Netease.com |
NTES |
21.79 |
-4.22% |
14.93% |
|
New Oriental Education |
EDU |
58.42 |
-11.15% |
-27.51% |
|
Ninetowns inter |
NINE |
2.05 |
-21.15% |
-35.74% |
|
Noah Education* |
NED |
5.4 |
-24.79% |
-33.00% |
|
O2Micro International |
OIIM |
6.65 |
-25.78% |
-42.37% |
|
Perfect World |
PWRD |
24.99 |
-7.34% |
-10.37% |
|
PetroChina |
PTR |
128.86 |
-9.60% |
-26.56% |
|
QiaoXing Mobile Comm. |
QXM |
4.93 |
-20.36% |
-41.66% |
|
Renesola* |
SOL |
17.3 |
-31.02% |
33.08% |
|
Semiconductor Manufacturing |
SMI |
2.91 |
-12.87% |
-43.93% |
|
Shanda Interactive |
SNDA |
27.15 |
-16.38% |
-18.42% |
|
Simcere Pharmaceutical |
SCR |
12.6 |
-18.23% |
-9.03% |
|
Sina |
SINA |
42.55 |
-20.12% |
-3.95% |
|
Sinopec |
SHI |
34.09 |
-16.28% |
-44.17% |
|
Sohu.com |
SOHU |
70.44 |
-19.52% |
29.20% |
|
Solarfun Power |
SOLF |
17.5 |
-23.25% |
-46.40% |
|
Spreadtrum Communications |
SPRD |
4.99 |
-46.91% |
-59.30% |
|
Suntech Power |
STP |
37.46 |
-11.94% |
-54.49% |
|
The9 |
NCTY |
22.58 |
-12.78% |
5.37% |
|
Tongjitang Chinese Medicine |
TCM |
4.17 |
-53.41% |
-57.66% |
|
Trina Solar |
TSL |
30.64 |
-31.82% |
-43.05% |
|
UTstarcom |
UTSI |
5.47 |
13.96% |
99.64% |
|
VanceInfo Technologies |
VIT |
15.87 |
-15.94% |
76.33% |
|
Vimicro International |
VIMC |
2.84 |
-11.53% |
-24.47% |
|
VisionChina Media |
VISN |
15.87 |
-15.94% |
86.71% |
|
WSP Holdings |
WH |
7.03 |
-16.01% |
-22.75% |
|
Wuxi Pharmatech |
WX |
20.3 |
-0.73% |
-30.57% |
|
XinHua Finance Media |
XFML |
2.34 |
-20.95% |
-61.00% |
|
Xinyuan Real Estate |
XIN |
6.07 |
-31.41% |
-57.34% |
|
Yazhou Coal Mining |
YZC |
93.01 |
-14.83% |
-4.17% |
|
Yingli Green Energy |
YGE |
15.92 |
-22.64% |
-58.82% |
Great post. I will read your posts frequently. Added you to the RSS reader.
Thank You for this great post