I didn't buy GSH as a "China play". I bought it because it fit a particular need to balance my portfolio. But since alot of people are buying some of these companies because they are in China, I am curious to see which ones outperform their China peers.
So in order to do this I am going to create a "China Index" and track the gains of the individual companies on the index and post weekly updates here. I will start the index on Thursday of this week. The following 22 companies will be added:
(GSH) Guangshen Railway (CHL) China Mobile (SINA) Sina Corp (NTES) Netease.com (SOHU) SOHU.com (CHINA) Chinadotcom (LFC) China Life Insurance (ACH) Aluminum Corp of China (ZNH) China Southern Airlines (CEA) China Eastern Airlines (CBA) Brilliance China Automotive (SNP) China Petro & Chemical (CHA) China Telecom (CHU) China Unicom (CEO) CNOOC ltd. (CTRP) ctrip.com (HNP) Huaneng Power (JCC) Jilin Chemical (PTR) Petro China (BYH) Sinopec Beijing Petrochemical (SHI) Sinopec Shanghai Petrochemical (YZC) Yangzhou coal mining
I know I've missed some of the china plays so if you know any I should add to the list, reply and let me know by Thursday. The current breakdown of industries are: 1 raiway 1 insurance 3 telecoms 5 internet 2 airlines 6 oil/chemical 1 mining 1 utility 1 automotive 1 basic material