Chinese ADRs Monthly Update – February
By Sun
Chinese stocks listed on US stock exchanges had another rough month in February. Of the 84 Chinese ADRs I track, winners and losers are virtually evenly split: 43 had a losing month while another 41 gained. Biggest losers again were alternative energy stocks, with Suntech Power (STP) leading the way with a drop of nealy 32%.
However, unlikely the month of January when most Chinese ADRs lost a big chunk of their market value, February saw some nice rebound in Chinese issues with several stocks gaining as much as 50% last month. During the same time period, Hong Kong’s Hang Seng Index (^HSI) rose 876 points, or 3.74% and Shanghai Composite Index (^SSEC) declined 35 points, or 0.8%. The Bank of New York Chinese ADR Index (^BKCN) added 8 points, or 1.69%.
| Name | Symbol | 02/29/08 price($) | February return | YTD return |
| 3SBio | SSRX | 8.17 | -26.66% | -45.09% |
| 51Job | JOBS | 18.15 | 2.08% | 0.72% |
| Acorn international | ATV | 9.9 | 20.73% | 6.11% |
| Actions Semiconductor | ACTS | 3.5999 | 9.09% | -11.77% |
| Agria | GRO | 8.15 | 6.40% | -12.65% |
| AirMedia Group | AMCN | 17.94 | -21.63% | -19.84% |
| Aluminum Corp of China | ACH | 48.7 | 34.60% | -3.83% |
| APT Satellite | ATS | 1.69 | 6.97% | -21.40% |
| ASAT Holdings | ASTT | 0.5799 | 3.55% | -17.16% |
| ATA* | ATAI | 10.3 | 7.85% | 8.42% |
| Baidu.com | BIDU | 251.33 | -10.22% | -35.52% |
| China Architectural Engineering | RCH | 5.85 | -6.25% | -32.37% |
| China Digital TV | STV | 21.93 | -2.75% | -18.72% |
| China Eastern Airlines | CEA | 62.54 | -8.04% | -35.96% |
| China Finance Online | JRJC | 21.22 | 23.73% | -3.55% |
| China Grentech | GRRF | 6.93 | -2.67% | -21.61% |
| China Life Insurance | LFC | 58.08 | 4.18% | -24.08% |
| China Medical Tech | CMED | 46 | -3.50% | 3.63% |
| China Mobile | CHL | 74.62 | -1.19% | -14.10% |
| China Nepstar | NPD | 11.01 | -8.17% | -37.37% |
| China Petro & Chemical | SNP | 109.44 | 1.68% | -26.15% |
| China Southern Airlines | ZNH | 49.6 | 12.75% | -24.22% |
| China Sunergy | CSUN | 7.0501 | -24.52% | -57.32% |
| China Techfaith | CNTF | 5.9 | 43.55% | 1.72% |
| China Telecom | CHA | 73.41 | 1.99% | -5.97% |
| China Netcom | CN | 61.23 | -1.80% | 3.08% |
| China Unicom | CHU | 21.23 | -10.31% | -5.22% |
| ChinaEdu | CEDU | 7.9 | 11.27% | -7.06% |
| City Telecom (HK) | CTEL | 4.83 | 7.10% | -14.51% |
| CNinsure | CISG | 12.7 | 18.25% | -20.58% |
| CNOOC | CEO | 165.77 | 14.10% | -0.99% |
| Ctrip.com | CTRP | 60.62 | 32.76% | 5.48% |
| E-House | EJ | 16.26 | -12.01% | -31.77% |
| eLong | LONG | 8.61 | 13.29% | 3.99% |
| Focus Media | FMCN | 50.37 | 4.83% | -11.34% |
| Fuqi International | FUQI | 7.71 | -9.51% | -7.11% |
| Giant Interactive | GA | 10.41 | 4.73% | -19.80% |
| Global Sources | GSOL | 12.2 | -7.92% | -56.81% |
| Guangshen Railway | GSH | 32.2 | -1.38% | -9.65% |
| Gushan Environmental Energy | GU | 10.65 | 23.69% | 13.90% |
| Home Inns & Hotel | HMIN | 27.13 | -3.07% | -23.83% |
| Huaneng Power | HNP | 32.5 | -1.43% | -21.31% |
| Hurray! | HRAY | 3.35 | -2.05% | -15.83% |
| Hutchison Telecomm | HTX | 19.85 | -5.79% | -12.36% |
| JA Solar | JASO | 14.29 | -15.64% | -38.59% |
| Kongzhong | KONG | 6.34 | 24.31% | 4.11% |
| Las Vegas Sands | LVS | 83.3 | -5.07% | -19.17% |
| LDK Solar | LDK | 28.58 | -18.34% | -39.20% |
| Linktone | LTON | 3.46 | 5.81% | 11.97% |
| Longtop Financial Tech. | LFT | 19.4 | 6.01% | -18.07% |
| Melco PBL Entertainment | MPEL | 12.10 | 0.04% | 4.71% |
| Mindray Medical | MR | 36.7 | 7.88% | -14.59% |
| Netease.com | NTES | 21.45 | 18.71% | 13.13% |
| New Oriental Education | EDU | 62.35 | 9.96% | -22.63% |
| Ninetowns inter | NINE | 2.69 | -6.60% | -15.67% |
| Noah Education* | NED | 6.05 | -9.02% | -24.94% |
| O2Micro International | OIIM | 8.59 | 7.78% | -25.56% |
| Perfect World | PWRD | 27.03 | 20.94% | -3.05% |
| PetroChina | PTR | 146.82 | 3.19% | -16.33% |
| QiaoXing Mobile Comm. | QXM | 6.98 | -15.50% | -17.40% |
| Renesola* | SOL | 10.63 | -15.03% | -18.23% |
| Semiconductor Manufacturing | SMI | 4.04 | -2.65% | -22.16% |
| Shanda Interactive | SNDA | 33.08 | 20.33% | -0.60% |
| Simcere Pharmaceutical | SCR | 10.47 | -11.27% | -24.40% |
| Sina | SINA | 41.41 | 4.31% | -6.52% |
| Sinopec | SHI | 46.59 | 1.26% | -23.70% |
| Sohu.com | SOHU | 45.08 | -3.12% | -17.31% |
| Solarfun Power | SOLF | 11.63 | -28.10% | -64.35% |
| Spreadtrum Communications | SPRD | 7.54 | -20.63% | -38.50% |
| Suntech Power | STP | 37.17 | -31.99% | -54.85% |
| The9 | NCTY | 21.52 | 18.57% | 0.42% |
| Tongjitang Chinese Medicine | TCM | 7.38 | -11.51% | -25.08% |
| Trina Solar | TSL | 31.77 | -6.56% | -40.95% |
| UTstarcom | UTSI | 2.82 | 1.81% | 2.92% |
| VanceInfo Technologies | VIT | 8.12 | 50.37% | -9.78% |
| Vimicro International | VIMC | 3.25 | -9.47% | -13.56% |
| VisionChina Media | VISN | 10.47 | 52.85% | 23.18% |
| WSP Holdings | WH | 7.1 | -12.56% | -21.98% |
| Wuxi Pharmatech | WX | 24 | -4.69% | -17.92% |
| XinHua Finance Media | XFML | 4.06 | -19.92% | -32.33% |
| Xinyuan Real Estate | XIN | 12.3 | -5.02% | -13.56% |
| Yazhou Coal Mining | YZC | 82.29 | -4.39% | -15.22% |
| Yingli Green Energy | YGE | 16.87 | -16.98% | -56.36% |
*2008 IPO
No new stock was offered publicly in February.
For widely held EFTs that mainly invest in China, iShares FTSE/Xinhua China 25 Index (FXI) gained $1.16, or 0.81%, and PowerShares Gloden Dragon Halter USX China (PGJ) added 16 cents, or 0.47%.
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