This index ended at a yearly high (+39.97%). It consists of 33 stocks which meet very strict VMC parameters. The 33 stocks and parameters are shown at the bottom. Clearly, this group would have been a good investment in 2006.
This is the link to the VMC China Chart. (Excel required)
The chart compares the ChVMC06 Index with the Russell 2000, the HSI (Hong Kong Index - China stocks) and the HXC (US Traded Larger Chinese stocks) for all of 2006 to date.
If you don't have Excel or don't want your computer to load it up by clicking the link, here is the weekly percent change in the ChVMC Index for all of 2006.
The 33 stocks in the ChVMC06 are ADY, AOB, BBC, BNSO, CAGC, CBAK, CDGT, CGRH, CHID, CKGT, CLWT, CPHI, CSCT, CXTI, DRUG, PSWL, ETLT, HRBN, KONG, HRAY, JADE, JRJC, JST, LTON, MHJ, NWD, ORXT, PACT, RADA, SUWN, TBYH, TSTC, XING.
Here are the parameters of these 33 stocks.
-- China company -- No pinks -- Existed since January 1, 2006 -- Minimum 40 cents -- Maximum PE of 25 -- Less than $325M market cap -- Less than 65M shares OS
Len
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