Bespoke Investment Group posted an interesting article on Seeking Alpha that listed the performance of Chinese ADRs (year-to-date price changes). I repeat: performance of Chinese ADRs, not performance of A Shares of H Shares. This is shows us how American investors view Chinese companies. Some data below:
Suprisingly, the top 10 best performing stocks aren't in the energy, materials, pharma or software industries. China Southern Airlines and China Eastern Airlines have boomed this year, perhaps in anticipation of the rise in volume during the Olympics. As for China Shipping Development, the rise in exports no doubt put investors at ease. What do you think?
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