Good afternoon to you all. I’m at the ROTH OC Conference waiting for the China Chairman’s Workshop to begin and there’s a great slide up with details about China based – US listed companies that I’d like to share with you.
- There are approximately 500 companies listed in the US with major operations in China or Hong Kong
Out of the 500 companies:
- Over 90% initially began trading on the OTCBB…Today
- 53 listed on NYSE
- 95 listed on Nasdaq
- 17 listed on AMEX
- 229 listed on OTCBB
- 108 listed on Pink Sheets
- 261 have trailing P/E data
- 33% have P/E < 3x
- 38% have P/E < 4x
- 289 with price movement data dropped 64% on average between 1/1/08 and 1/16/09
- 431 have last 3-month daily trading volume data, 44% have trading volume < 20k, 24%with trading volume < 100k, 32% with trading volume between 20k and 100k.
Hope you find this data and information to be helpful. Stay tuned for more info as I’ll be blogging the workshop.
Regards,
George