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Comparing to what happened to Chinese stocks listed on U. S. stock exchanges, the drop in major U. S. equity indexes is minor, though the Dow Jones Industrial Average did lose more than 10% in just one month (10.19%). During the same time period, the NASDAQ dropped 9.12% and the S&P declined 8.57% as jitters in the financial sector continued and there was no sign that the housing market has bottomed. In fact, the loss in June was the severest monthly loss since the Great Depression.

However,  if you are investing heavily in Chinese ADRs (like me), then I am sure you feel even more depressed when looking at your stocks’ performances last month. Of the 82 Chinese ADRs I track regularly, only 6 of them ended the month in the positive territory. All other 76 stocks dropped, and they dropped like a rock: 30 stocks lost more than 20% and 10 more than 30%.

The worst performer of the month is Tongjitang Chinese Medicine (NYSE:TCM), losing more than half of its value, followed by Spreadtrum Communications (NASDAQ:SPRD) 46.91% and China Southern Airlines (NYSE:ZNH) 38.31%. The biggest gainer is China Medical Tech (CMED), rising 25.29% in one month. For the month, the Shanghai Composite Index (^SSEC) fell 22.75% and the Hong Kong’s Hang Seng Index (^HSI) lost 9.9%.

Name Symbol 06/30/08 Price June return (%) YTD return (%)
3SBio SSRX 9.06 -16.27% -39.11%
51Job JOBS 18.32 -6.86% 1.66%
Acorn international ATV 6.97 -12.11% -25.29%
Actions Semiconductor ACTS 3.45 0.58% -15.44%
Agria GRO 4.28 -11.20% -54.13%
AirMedia Group AMCN 14.44 -17.58% -35.48%
Aluminum Corp of China ACH 28.54 -34.77% -43.64%
APT Satellite ATS 1.3601 -12.25% -36.74%
ATA* ATAI 13.01 -13.84% 36.95%
Baidu.com BIDU 312.96 -9.30% -19.71%
China Architectural Engineering CAEI 9.77 10.77% 12.95%
China Digital TV STV 13.91 -23.66% -48.44%
China Eastern Airlines CEA 31.34 -29.87% -67.91%
China Finance Online JRJC 15.27 -37.85% -30.59%
China Grentech GRRF 4.56 -8.80% -48.42%
China Life Insurance LFC 52.18 -13.54% -31.79%
China Medical Tech CMED 49.4 25.29% 11.29%
China Mobile CHL 66.95 -9.27% -22.93%
China Nepstar NPD 8.66 -24.96% -50.74%
China Petro & Chemical SNP 92.89 -7.91% -37.32%
China Southern Airlines ZNH 19.79 -38.31% -69.76%
China Sunergy CSUN 8.27 -29.44% -49.94%
China Techfaith CNTF 4.22 -11.16% -27.24%
China Telecom CHA 54.39 -23.57% -30.33%
China Netcom CN 54.59 -20.31% -8.10%
China Unicom CHU 18.52 -18.74% -17.32%
ChinaEdu CEDU 4.75 -13.79% -44.12%
City Telecom (NYSE:HK) CTEL 4.53 -5.62% -19.82%
CNinsure CISG 14.61 -6.55% -8.63%
CNOOC CEO 173.54 -2.12% 3.65%
Ctrip.com CTRP 45.78 -21.58% -20.34%
E-House EJ 11.36 -24.27% -52.33%
eLong LONG 7.1 -12.24% -14.25%
Focus Media FMCN 27.72 -31.20% -51.21%
Fuqi International FUQI 8.76 -22.34% 5.54%
Giant Interactive GA 12.12 -17.49% -6.63%
Global Sources GSOL 15.18 0.53% -46.27%
Guangshen Railway GSH 22.41 -11.49% -37.12%
Gushan Environmental Energy GU 11.62 -16.28% 24.28%
Home Inns & Hotel HMIN 19.01 -22.63% -46.63%
Huaneng Power HNP 27.65 -18.05% -33.05%
Hurray! HRAY 3.16 6.40% -20.60%
Hutchison Telecomm HTX 21.24 -2.66% -6.23%
JA Solar JASO 16.85 -20.78% -27.59%
Kongzhong KONG 3.73 -18.02% -38.75%
Las Vegas Sands LVS 47.44 -31.68% -53.96%
LDK Solar LDK 37.88 -17.74% -19.42%
Linktone LTON 1.84 -13.21% -40.45%
Longtop Financial Tech. LFT 16.56 -14.24% -30.07%
Melco PBL Entertainment MPEL 9.32 -21.61% -19.38%
Mindray Medical MR 37.32 -10.93% -13.15%
Netease.com NTES 21.79 -4.22% 14.93%
New Oriental Education EDU 58.42 -11.15% -27.51%
Ninetowns inter NINE 2.05 -21.15% -35.74%
Noah Education* NED 5.4 -24.79% -33.00%
O2Micro International OIIM 6.65 -25.78% -42.37%
Perfect World PWRD 24.99 -7.34% -10.37%
PetroChina PTR 128.86 -9.60% -26.56%
QiaoXing Mobile Comm. QXM 4.93 -20.36% -41.66%
Renesola* SOL 17.3 -31.02% 33.08%
Semiconductor Manufacturing SMI 2.91 -12.87% -43.93%
Shanda Interactive SNDA 27.15 -16.38% -18.42%
Simcere Pharmaceutical SCR 12.6 -18.23% -9.03%
Sina SINA 42.55 -20.12% -3.95%
Sinopec SHI 34.09 -16.28% -44.17%
Sohu.com SOHU 70.44 -19.52% 29.20%
Solarfun Power SOLF 17.5 -23.25% -46.40%
Spreadtrum Communications SPRD 4.99 -46.91% -59.30%
Suntech Power STP 37.46 -11.94% -54.49%
The9 NCTY 22.58 -12.78% 5.37%
Tongjitang Chinese Medicine TCM 4.17 -53.41% -57.66%
Trina Solar TSL 30.64 -31.82% -43.05%
UTstarcom UTSI 5.47 13.96% 99.64%
VanceInfo Technologies VIT 15.87 -15.94% 76.33%
Vimicro International VIMC 2.84 -11.53% -24.47%
VisionChina Media VISN 15.87 -15.94% 86.71%
WSP Holdings WH 7.03 -16.01% -22.75%
Wuxi Pharmatech WX 20.3 -0.73% -30.57%
XinHua Finance Media XFML 2.34 -20.95% -61.00%
Xinyuan Real Estate XIN 6.07 -31.41% -57.34%
Yazhou Coal Mining YZC 93.01 -14.83% -4.17%
Yingli Green Energy YGE 15.92 -22.64% -58.82%

*2008 IPO

Two widely held ETFs that mainly invest in China also took a big hit last month. iShares FTSE/Xinhua China 25 Index (NYSEARCA:FXI) ended the month with a 14.47% decline and PowerShares Gloden Dragon Halter USX China (NYSEARCA:PGJ) suffered a deeper loss of 17.8%.

Source: China ADRs: Severe Loss in June