December 2012 (Chinavestor) November continued where October has left off: an ever yawning gap between the Shanghai Composite index (SHA:000001) and the Hang Seng Index (INDEXHANGSENG:.HSI). To be precise, the Shanghai Composite Index (SHA:000001) fell 4.3% in November and is down 8.7% year-to-date (YTD), a sharp contrast to the Hang Seng’s 16.7% gain YTD. Good news for China stock investors in the U.S: despite a free fall of Chinese stocks in Shanghai, the composite of U.S. listed Chinese stocks is still up 7.3% YTD. The China ADR index, compiled by Chinavestor, shows a mere 0.7% decline for November. A 7.3% advance YTD from the China ADR index is comparable to the performance of the Dow Jones Industrial Average (INDEXDJX:.DJI). The Dow is up 5.1%, slightly below the China ADR Index.