Large cap Chinese ETF were much less volatile, as expected. Sinopec Corp. (NYSE:SNP) and China Life Insurance (NYSE:LFC) were among the best performing U.S. listed stocks out of the 25 components of the China Xinhua 25 Index.
Looking at components of the index underlying the Claymore/AlphaShares China Small Cap ETF (NYSE:HAO), U.S. listed WuXi Pharmatech (NYSE:WX) advanced +4.3% on Tuesday. The overbought/oversold monitor captured the weak technical condition of the stock this morning, saying "WuXi Pharmatech (NYSE:WX) became oversold and are ready to bounce back up." This proved to be an accurate prediction, just as was the case with similar American Dairy (NYSE:ADY). Shares of Sohu.com (NASDAQ:SOHU) fell -3.1% today, making it he worst performing U.S. listed component of the HAO.