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Jul
07
Filed Under (Market News) by admin on 07-07-2008

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%

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Comments

Susan Kishner on 7 July, 2008 at 12:02 pm #

Great post. I will read your posts frequently. Added you to the RSS reader.


Gary Braun on 12 July, 2008 at 5:22 am #

Thank You for this great post


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