From the bbs at world famous mit. Thanks to Author: capcase (gotmail). I’m putting my comments at the end.
Here is the original article in Chinese, the original title is “china IPO stocks”. For English, cnanalyst.com has a nice table which tracks Chinese ADRs YTD performance. So check out from there.
下面是一个简单的表格，列出了2006年12月20日至今在美国上市的中国企业的名单和大致情况。更详细的情况无法在这里列出，有兴趣的读者可以查询Bloomberg, Yahoo! Finance和China Analyst,即可得到比较详细的英文资料。
橡果国际(ATV), NYSE上市，融资1.19亿美元，IPO总回报9.5%，主承销商为美林、德意志银行；
中国医疗收购公司(CHM)，AMEX上市，融资5100万美元，IPO总回报-6.67%，主承销商为Ferris Baker Watts;
中电光伏(CSUN)，NASDAQ上市，融资9350万美元，IPO总回报-39.90%，主承销商为美林；
易房中国(EJ)，NYSE上市，融资2.01亿美元，IPO总回报53.2%，主承销商为瑞士信贷、美林；
晶澳太阳能(JASO)，NASDAQ上市，融资2.25亿美元，IPO总回报178.3%，主承销商为CIBC, Piper Jaffray;
圣火药业(KUN)，AMEX上市，融资140万美元，IPO总回报8.57%，主承销商为WestPark;
赛维LDK(LDK)， NYSE上市，融资4.7亿美元，IPO总回报142%，主承销商为摩根士丹利、瑞银；
完美世界(PWRD)，NASDAQ上市，融资1.89亿美元， IPO总回报73.7%，主承销商为摩根士丹利、瑞士信贷；
侨兴移动(QXM)，NYSE上市，融资1.6亿美元，IPO总回报-18.4%，主承销商为瑞银；
先声药业(SCR)，NYSE上市，融资2.26亿美元，IPO总回报-3%，主承销商为高盛；
林洋新能源(SOLF)，NASDAQ上市，融资 1.5亿美元，IPO总回报-14.4%，主承销商为高盛；
三生药业(SSRX)，NASDAQ上市，融资1.23亿美元，IPO总回报-10.3%，主承销商为瑞银；
同济堂(TCM)，NYSE上市，融资9900万美元，IPO总回报-1%，主承销商为美林、瑞银；
天合光能(TSL)，NYSE上市，融资9800万美元，IPO总回报160.5%，主承销商为美林；
药明康德(WX)，NYSE上市，融资1.85亿美元，IPO总回报115.1%，主承销商为瑞士信贷、摩根大通；
新华财经(XFML)，NASDAQ上市，融资3亿美元，IPO总回报-52%，主承销商为摩根大通、瑞银；
天威英利 (YGE)，NYSE上市，融资3.19亿美元，IPO总回报93.7%，主承销商为高盛、瑞银。
My take on these IPO stocks: first I have to admit that during this period I have not followed the Chinese IPOs listed in the US market very closely. There are lots of solar stocks. But I don’t like them because they are mostly low cost manufacturers, and they enjoy a boom mostly created by the solar-ennergy policy in the Europe. Other companies I know a thing or two.
ATV: their revenue is mostly from selling domestic brand cell phones in TV. I don’t see much potential there.
EJ: the largest real estate broker in China, it gets most of its revenue from new home marketing. Its client include Vanke, the best and No. 1 real estate developer in China. I may have under-estimate it in my previous posts.
QXM: the cell phone arm of Qiao Xing (XING), I don’t see much upside for domestic cell phone makers. Nokia and Samsung are the king and queen here.
WX: I like its business model (outsourcing). However, we should keep an eye on the competition.
XFML: I really don’t want to spend any time on it 🙂
The trend of Chinese IPOs: last year the goverment tightened the rules for companies to seek oversea IPOs. Also considering the recent boom of A share and H share market, more and more companies are trying to list Shanghai/Shenzhen, or Hongkong. Alibaba is latest example. But US exchanges NYSE and Nasdaq are not just waiting, especially NYSE.
From company side, I think some companies (EDU, MR) made the right choice to list in NYSE a year ago: not simply from the raise of capital; it also raised the company profile quite a bit in the market.