Sinocracy Portfolio Review

Both George and I have been fairly busy over the past week, and this blog took a good deal of neglect. Lets try to change that by reviewing the Sinocracy Index that we created on the last post (about 3 weeks ago, sorry!).

Name	Symbol	Price	Shares	Value
China Telecom	CHA	65	385	27,512.10
Lenovo Group	LNVGY.PK	14.45	1,730	27,264.80
China Life	LFC	55.91	447	28,178.88
Citic Pacific Holdings	0267.HK	32.55	5,985	26,485.70
				109,441.48

From the table, we can see that our index gained 9.44% from its 100,000.00 value on its creation.

This can be compared to the Ishare FTSE/Xinhua China 25 Index (FXI) which is priced at 152.01 today, a gain of 4.4% from 145.58 at the opening of the day we created our fund. The S&P dropped from 1,388.82 to 1,388.28 during this interval.

Hurray for us! I'll review the investment choices and update this portfolio this weekend.

- H