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Chinese ADRs Monthly Update - March 2008
http://www.thesunsfinancialdiary.com/ china/ chinese-adrs-monthly-update-march-200...
Original post on The Sun's Financial Diary Another month has passed and there was still no sign of a bottom for Chinese stocks traded on US exchanges. In fact, March was a pretty bad month for Chinese ADRs, with 60 of the 87 stocks I tracked ending the month in the red. Among the losers, China Finance Online (JRJC), which is a component of PowerShares Gloden Dragon Halter USX China (PGJ), saw the steepest decline of 34.50%, followed by Xinyuan Real Estate (XIN)'s 31.79% drop. The biggest winner in March was JA Solar (JASO) which recovered most of its 38% loss in February.
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