3 Chinese Stocks to Sell

Chinese stocks haven't done well in 2013

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3 Chinese Stocks to Sell

China185 3 Chinese Stocks to SellIn my recent article “3 Chinese Stocks That Should Beat the Rest,” I mentioned that the iShares MSCI China ETF (MCHI) is having a miserable time in 2013, down 9% through June 5 compared to a 13% gain for the S&P 500. That article highlighted some potential winners — but I think as long as China maintains its status quo, plenty of Chinese stocks are bound to fall over the next 12 months.

While it’s tempting to seek out stocks performing badly in the hope investors will continue to bail, I think the wiser course of action is to choose three that have overachieved (relative to the index) so far in 2013 that appear ready for a correction. I’m not necessarily saying they’re bad companies, but if you’re sitting on unrealized gains on any of these three stocks, you might want to consider taking profits:


Article printed from InvestorPlace Media, http://investorplace.com/2013/06/3-chinese-stocks-to-sell-ctrp-vips-hgsh/.

©2014 InvestorPlace Media, LLC

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