top 10 holdings
as of 30-apr-2008 %of portfolio
china merchants bank co. ltd 9.47
china construction bank corp 8.88
wuhan iron & steel co. ltd 6.74
jiaozuo wanfang aluminum manuf 5.80
shanxi xishan coal and electri 5.50
zhengzhou yutong bus co. ltd 4.85
daqin railway co. ltd 4.41
guangxi liugong machinery 4.41
jiangxi ganyue expressway co. l 4.04
anhui hengyuan coal industry a 3.68
complete holdings
as of 31-mar-2008 ticker par/shares mkt value (usd)
air china ltd 601111 12,758,847 30,181,406
angang steel co ltd 000898 7,508,889 20,827,899
anhui hengyuan coal industry a 600971 4,620,082 23,245,069
byd electronic international c 285 9,212,000 11,759,498
baoshan iron & steel co ltd 600019 9,951,915 17,648,691
cash cash 91,883,234 91,883,235
china cosco holdings co ltd 601919 4,775,982 18,182,172
china construction bank corp 601939 51,858,930 50,557,886
china merchants bank co ltd 600036 13,190,296 60,955,157
china merchants property devel 000024 3,454,908 22,701,136
daqin railway co ltd 601006 13,042,000 32,208,679
gome electrical appliances hol 493 1,406,000 3,228,002
guangxi liugong machinery 000528 6,075,000 22,699,147
guangzhou baiyun international 600004 8,393,618 16,789,826
henan shen huo coal industry & 000933 3,613,912 20,671,152
huaxia bank co ltd 600015 9,144,819 18,366,573
jiangxi ganyue expressway co l 600269 9,992,999 20,688,951
jiaozuo wanfang aluminum manuf 000612 8,796,456 33,565,872
kweichow moutai co ltd 600519 573,938 15,410,327
net other assets netotherasset -4,274,005 -4,274,005
shanxi xishan coal and electri 000983 5,258,000 30,765,208
tangshan iron & steel co 000709 6,523,712 14,852,816
wuhan iron & steel co ltd 600005 19,414,675 39,402,944
zhengzhou yutong bus co ltd 600066 8,899,288 31,797,509
