Monday, August 11, 2008
Highest Yielding China Stocks
With all the attention being focused on the 2008 Olympics in Beijing, investors are also refocusing on Chinese stocks. However, in order to reduce risk, investors prefer the stocks that pay dividends. These are the highest yielding stocks based in China.
Yazhou Coal Mining ( YZC ) is involved in the mining, transportation, and sale of coal. The stock has a PE of 3.27 , a PEG of 2.21 , and a yield of 7.7% .
Huaneng Power International ( HNP ) is a regional electric utility. The stock has a PE of 10.67 , a PEG of 3.34 , and a yield of 6.0% .
Aluminum Corp China ( ACH ) is in the business of bauxite mining, alumina refining, and aluminum smelting. The stock has a PE of 3.06 , a PEG of 0.52 , and a yield of 4.7% .
Sinopec Shanghai ( SHI ) produces petroleum products, petrochemicals, and plastics. The stock has a PE of 44.23 , and a yield of 4.0% .
Petrochina Corp. ( PTR ) explores for and produces petroleum and natural gas. The stock has a PE of 12.08 , a PEG of 0.84 , and a yield of 3.7% .
China Mobile Limited ( CHL ) is a mobile telecommunications company. The stock has a PE of 21.64 , and a yield of 2.7% .
China Telecom Corp. ( CHA ) is a provider of wireline telecommunications and broadband services. The stock has a PE of 12.55 , a PEG of 2.53 , and a yield of 2.0% .
China Petroleum & Chemical ( SNP ) is an an integrated oil and gas, and chemical company. The stock has a PE of 15.29 , a PEG of 0.5 , and a yield of 1.9% .
China Life Insurance Co ( LFC ) is a provider of life insurance and annuities. The stock has a PE of 7.78 , a PEG of 0.19 , and a yield of 1.6% .
China Unicom Ltd ( CHU ) is an an integrated telecommunications provider. The stock has a PE of 18.76 , a PEG of 1.54 , and a yield of 1.4% .
For an Excel database of over 50 Chinese stocks that can be downloaded, changed and sorted, go to WallStreetNewsNetwork.com.
Author does not own any of the above.
By Fred Fuld at Stockerblog.com
Posted by Stockerblog at 10:56 PM