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

. 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

down 12.97%. China National Offshore Oil Corp

down 0.05%. China Telecom Corp

up 19.46%. China Mobile

down 4.78%. China Unicom

up 42.7%. China Security & Surveillance Tech

up 4.83%. China Yuchai International

down 27.65%. China Life Insurance

down 16.11%. China Nepstar Chain Drugstore

down 31.14%. PetroChina

up 14.38%. China Petroleum & Chemical Corp

up 1.66%. China Digital TV Holding

down 23.9%. China Southern Airlines

down 9.68%.

3.22%. For comparison, in that same time period, SPDR S&P 500

rallied 5.55%.