Misc

This is an ex blog

As will be obvious, this blog is no more. I no longer live in China, so there isn’t perhaps much point in me keeping up with it. I’m no longer in the information stream which made doing it worthwhile and rewarding, and the benefit of doing it isn’t there. It really is quite labour intensive to do those two posts daily, and my respect goes to those who can keep up a regular blog for years.

I am going to start a similar sorta blog on Scottish businesses, which will be more relevant to where I am at the moment, and also hopefully relevant to people’s attention. Keep in touch via my Twitter, @bucketoftongues.

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Query For Readers

Could I ask my reader and subscribers – which posts do you find most useful, the Business Briefs or the Stock Watch reports? I am minded to take this up again, but am not sure if time would allow to do both daily posts. (Doing both literally takes two to three hours a day).

Please leave a comment or email me at mike[at]chinastockswatch.com and I will take your opinions on board.

Top China Stocks Annual Performance 2013

Well, the year end is upon us, and we’ve heard how the Shanghai Composite Index has done over 2013. But what about the twenty major stocks which this website tracks? Let’s take a look. (All charts and data are from Google Finance).

Sinopec -27.11%

Sinopec 2013

PetroChina -13.95%

PetroChina 2013

ICBC -12.47%

ICBC 2013

China Construction Bank -8.63%

China Construction Bank 2013

Agricultural Bank of China -10.51%

Agricultural Bank 2013

Bank of China -9.03%

Bank of China 2013

China Mobile -11.08%

China Mobile 2013

Noble Group -8.94%

Noble Group 2013

China State Construction Engineering -18.23%

China State Constuction Engineering  2013

CNOOC -14.37%

CNOOC 2013

China Railway Construction -19.66%

China Railway Construction 2013

China Railway Group -12.17%

China Railway Group 2013

SAIC Motor -16.97%

SAIC Motor 2013

China Life Insurance -25.05%

China Life Insurance 2013

Dongfeng Motor +0.83%

Dongfeng Motor 2013

China Shenghua Energy -36.2%

China Shenhua Energy 2013

Ping An Insurance -5.22%

Ping An Insurance 2013

China Telecom -7.76%

China Telecom 2013

China Communications Construction -22.2%

China Communications Construction 2013

Bank of Communications -20.5%

Bank of Communications 2013

In a handy chart:

Name % Change
Dongfeng Motor +0.83%
Ping An Insurance -5.22%
China Telecom -7.76%
China Construction Bank -8.63%
Noble Group -8.94%
Bank of China -9.03%
Agricultural Bank -10.51%
China Mobile -11.08%
China Railway Group -12.17%
ICBC -12.47%
PetroChina -13.95%
CNOOC -14.37%
SAIC Motor -16.97%
China State Construction Engineering -18.23%
China Railway Construction -19.66%
Bank of Communications -20.5%
China Communications Construction -22.2%
China Life Insurance -25.05%
Sinopec -27.11%
China Shenhua Energy -36.2%

2013 has been very poor indeed for major Chinese stocks. No wonder SOEs have been warned that poor performance will be “severely dealt with“. (While all the companies listed are on the stock market, most still have substantial state ownership, and even more substantial state influence). But it’s equally clear that things have to change.

Top China Business Tweeters 2013

With the China blog having something of a rest – with former standbys China Hearsay, Rectified.name and Image Thief either on hiatus or defunct – Twitter is where all the social media energy remains. For those interested in who to follow on the “business in China” line, here’s my recommends.

Some explanation: where someone writes for media or a blog, I have chosen their personal Twitter account where available. Quotes are taken from Twitter profiles. The list is not in order. Apologies if this seems overly Western; naturally the main Chinese accounts of interest will be on Sina Weibo. Feel free to nominate any more.

China’s Trading Partners

I just saw this on Reddit – specifically, the subreddit MapPorn, as submitted by Redditor babamcrib. The map is by chineserelations.net. Here are countries of the world where China is the #1 trading partner (red), #2 (orange) or #3 or lower (yellow). Incredible. Can’t attest to the accuracy of the data, but it seems legit.

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