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April has turned out to be a pretty good month for equity investors. After all three major indices dropped to 52-week low in early March, stocks rebounded last month after financial firms indicated that the worst part of the current crisis may be over. The Dow ended April with a gain of 4.54%, the S&P added 4.75%, and the NASDAQ climbed 5.87%.

Chinese stocks traded on U.S. exchanges also had a solid month in April, rising along with U.S. stocks. Chinese ADRs also got support from favorable policies adopted by Chinese security regulators aimed to stabilize the market after the Shanghai Composite Index (^SSEC) lost half of its value in less than half a year. For the month, SSEC jumped 6.35% and the Hong Kong’s Hang Seng Index (^HSI) surged 12.72%. Among Chinese ADRs, VanceInfo Technologies (NYSE:VIT) led the way with a gain of 142.60%, followed by Sohu.com (NASDAQ:SOHU)’s 53.18%. Chinese search engine Baidu.com (NASDAQ:BIDU) also recorded a 52.57% gain in share price. The month’s biggest loser was Agria (NYSE:GRO), China’s agriculture products, such as seeds and feeding products, provider, which saw its share tumbled nearly 50%, despite record food price.

NameSymbol04/30/08
Price
April
return
YTD
return
3SBioSSRX10.4519.57%-29.77%
51JobJOBS18.413.23%2.11%
Acorn internationalATV6.86-9.97%-26.47%
Actions SemiconductorACTS3.8629.98%-5.39%
AgriaGRO4.33-48.14%-53.59%
AirMedia GroupAMCN19.8624.91%-11.26%
Aluminum Corp of ChinaACH42.825.91%-15.44%
APT SatelliteATS1.53-0.65%-28.84%
ASAT HoldingsASTT0.00%0.00%
ATA*ATAI10.6720.43%12.32%
Baidu.comBIDU365.652.57%-6.21%
China Architectural EngineeringRCH5.450.00%-36.99%
China Digital TVSTV16.8625-9.97%-37.50%
China Eastern AirlinesCEA43.39-15.58%-55.57%
China Finance OnlineJRJC18.4532.73%-16.14%
China GrentechGRRF4.72-7.81%-46.61%
China Life InsuranceLFC65.626.01%-14.25%
China Medical TechCMED37.4-8.98%-15.75%
China MobileCHL86.3215.08%-0.63%
China NepstarNPD11.77-13.46%-33.05%
China Petro & ChemicalSNP107.5125.04%-27.46%
China Southern AirlinesZNH32.84-17.18%-49.82%
China SunergyCSUN8.2212.60%-50.24%
China TechfaithCNTF5.46-0.36%-5.86%
China TelecomCHA67.597.58%-13.42%
China NetcomCN61.055.28%2.78%
China UnicomCHU21.571.41%-3.71%
ChinaEduCEDU75.58%-17.65%
City Telecom (NYSE:HK)CTEL4.510.67%-20.18%
CNinsureCISG14.0521.86%-12.13%
CNOOCCEO177.5520.96%6.04%
Ctrip.comCTRP62.0617.05%7.99%
E-HouseEJ16.7227.15%-29.84%
eLongLONG9.379.85%13.16%
Focus MediaFMCN36.894.95%-35.06%
Fuqi InternationalFUQI8.2515.71%-0.60%
Giant InteractiveGA16.2828.70%25.42%
Global SourcesGSOL13.89-6.46%-50.83%
Guangshen RailwayGSH28.889.81%-18.97%
Gushan Environmental EnergyGU12.5-4.36%33.69%
Home Inns & HotelHMIN22.4113.81%-37.09%
Huaneng PowerHNP33.6510.18%-18.52%
Hurray!HRAY2.770.36%-30.40%
Hutchison TelecommHTX21.05-2.14%-7.06%
JA SolarJASO24.0129.09%3.18%
KongzhongKONG4.23-2.31%-30.54%
Las Vegas SandsLVS76.223.50%-26.04%
LDK SolarLDK31.7417.56%-32.48%
LinktoneLTON2.15-20.37%-30.42%
Longtop Financial Tech.LFT19.955.67%-15.75%
Melco PBL EntertainmentMPEL13.215.99%14.19%
Mindray MedicalMR3417.48%-20.88%
Netease.comNTES22.3216.19%17.72%
New Oriental EducationEDU75.0615.73%-6.86%
Ninetowns interNINE2.23-4.70%-30.09%
Noah Education*NED6.16110.81%-23.56%
O2Micro InternationalOIIM7.52-2.72%-34.84%
Perfect WorldPWRD28.7226.46%3.01%
PetroChinaPTR151.1420.61%-13.87%
QiaoXing Mobile Comm.QXM6.436.99%-23.91%
Renesola*SOL16.7547.45%28.85%
Semiconductor ManufacturingSMI3.818.55%-26.59%
Shanda InteractiveSNDA34.2917.84%3.03%
Simcere PharmaceuticalSCR12.5920.36%-9.10%
SinaSINA46.231.06%4.29%
SinopecSHI39.5513.03%-35.23%
Sohu.comSOHU69.1353.18%26.80%
Solarfun PowerSOLF13.4311.36%-58.87%
Spreadtrum CommunicationsSPRD8.710.11%-28.96%
Suntech PowerSTP44.7310.28%-45.66%
The9NCTY21.474.73%0.19%
Tongjitang Chinese MedicineTCM8.2-0.24%-16.75%
Trina SolarTSL42.1837.22%-21.60%
UTstarcomUTSI3.2514.44%18.61%
VanceInfo TechnologiesVIT14.75142.60%63.89%
Vimicro InternationalVIMC3.3923.29%-9.84%
VisionChina MediaVISN14.7533.12%73.53%
WSP HoldingsWH6.62-4.06%-27.25%
Wuxi PharmatechWX18.44-17.53%-36.94%
XinHua Finance MediaXFML4.1531.33%-30.83%
Xinyuan Real EstateXIN9.037.63%-36.54%
Yazhou Coal MiningYZC92.6830.48%-4.51%
Yingli Green EnergyYGE22.0328.83%-43.02%

*2008 IPO

For the month, two widely held EFTs that mainly invest in China also rose sharply. iShares FTSE/Xinhua China 25 Index (NYSEARCA:FXI) gained 17.50% in April while PowerShares Gloden Dragon Halter USX China (NYSEARCA:PGJ) climbed 15.55%.

Source: China Stocks: April Was Kind