How to Lose Money: Buy Stocks With "China" In the Name

The recent collapse in the share price of Chinese reverse mergers is at this point widely known. But, what if investors had simply purchased a basket of companies with the name "China" somewhere in the security? Here are the performances of securities on the NYSE, containing the word "China," over the past six months: Aluminum Corp of China ACH down 12.97%. China National Offshore Oil Corp CEO down 0.05%. China Telecom Corp CHA up 19.46%. China Mobile CHL down 4.78%. China Unicom CHU up 42.7%. China Security & Surveillance Tech CSR up 4.83%. China Yuchai International CYD down 27.65%. China Life Insurance LFC down 16.11%. China Nepstar Chain Drugstore NPD down 31.14%. PetroChina PTR up 14.38%. China Petroleum & Chemical Corp SNP up 1.66%. China Digital TV Holding STV down 23.9%. China Southern Airlines ZNH down 9.68%. Total Loss: 3.22%. For comparison, in that same time period, SPDR S&P 500 SPY rallied 5.55%.
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