ARCHIVED analysis, grading & scoring:

25 most recent China-based IPOs

Nov 30, 2006 to Nov 30, 2007

3SBio Inc. (SSRX)

Longtop Fincl Tech (LFT)

Chinese biotech: C+, 7

financial/IT services in China: B-, 8

Feb 6, 2007, @ $16

Oct 23, 2007 @ $17.50

Agria (GRO)

Melco Entertnmnt (MPEL)

China-based agri-solutions provider: C+, 7

casino gaming/entertainment in Macau: B-, 8

Nov 6, 2007 @ $16.50

Dec 18, 2006 @ $19

AirMedia (AMCN)

Noah Education (NED)

China air travel ad network: C+, 7

interactive education content in China: B-, 8

Nov 6, 2007 @ $15

Oct 18, 2007 @ $14

China Digital TV (STV)

Perfect World (PWRD)

digital television access systems in China: C+, 8

China online 3D video games: B-, 8

Oct 4, 2007 @ $!6

July 25, 2007 @ $16

China Nepstar Chain Drg (NPD): C+, 7

Qiao Xing-Mobile (QXM)

largest retail drugstore chain in China

Mobile handsets: C+, 7

Nov 8, 2007 @ $16.20

May 2, 2007 @ $12

China Sunergy (CSUN)

Spreadtrum Com (SPRD)

solar cell products, China: C+, 7

Chinese designer of wireless handset Ics: C+, 7

May 16, 2007 @ $11

June 26, 2007 @ $14

CNinsure Inc. (CISG)

Solarfun Power (SOLF)

Chinese insurance/brokerage: B-, 8

solar cells and modules: C+, 7

Oct 30, 2007 @ $16

Dec 20, 2006 @ $12.50

E-House (China) (EJ)

Tongjitang ChiMed (TCM)

China real estate services: B-, 9

modernized trad Chinese medicine: C+, 8

Aug 7, 2007 @ $13.80

March 15, 2007 @ $10

Fuqi Intern'l (FUQI)

Trina Solar Ltd (TSL)

Chinese designer of jewelry: C+, 7

soilar power modules: C+, 7

Oct 22, 2007 @ $9

Dec 18,, 2007 @ $18.50

Fuwei Films (FFHL)

WuXi PharmaTech (WX)

plastic film for various markets: C+, 6

biopharma R&D outsourcing: B-, 9

Dec 18, 2006 @ $8.28

Aug 8, 2007 @ $$14

Giant Interactive (GA)

Yingli Green Energy (YGE)

Chinese multiplayer game developer: B, 8

Vertically integrated photovoltaic prod: B-, 8

Oct 31, 2007 @ $15.50

June 7, 2007 @ $11

JA Solar (JASO)

Xinhua Finance (XFML)

China-based solar cells mfg: C, 7

Chinese media company: B-, 8

Feb 6, 2007 @ $15.00

March 8, 2007 @ $13

LDK Solar (LDK)

multicrystalline wafers for solar cells: B-, 8

May 31, 2007 @ $27.00

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The analysis for the 25 companies listed above is contained in 3 files (below)

From the above list above,

use 'Edit/Find' in your browser to find

which file (below) contains your target company

then click on that file link,

...for example "1 of 3 China IPO files"

1 of 3 China IPO files

China Nepstar Chain Drg (NPD): C+, 7

largest retail drugstore chain in China

Nov 8, 2007 @ $16.20

Agria (GRO)

China-based agri-solutions provider: C+, 7

Nov 6, 2007 @ $16.50

AirMedia (AMCN)

China air travel ad network: C+, 7

Nov 6, 2007 @ $15

Giant Interactive (GA)

Chinese multiplayer game developer: B, 8

Oct 31, 2007 @ $15.50

CNinsure Inc. (CISG)

Chinese insurance/brokerage: B-, 8

Oct 30, 2007 @ $16

Longtop Fincl Tech (LFT)

financial/IT services in China: B-, 8

Oct 23, 2007 @ $17.50

Fuqi Intern'l (FUQI)

Chinese designer of jewelry: C+, 7

Oct 22, 2007 @ $9

Noah Education (NED)

interactive education content in China: B-, 8

Oct 18, 2007 @ $14

===================

2 of 3 China IPO files

China Digital TV (STV)

digital television access systems in China: C+, 8

Oct 4, 2007 @ $!6

WuXi PharmaTech (WX)

biopharma R&D outsourcing: B-, 9

Aug 8, 2007 @ $$14

E-House (China) (EJ)

China real estate services: B-, 9

Aug 7, 2007 @ $13.80

Perfect World (PWRD)

China online 3D video games: B-, 8

July 25, 2007 @ $16

Spreadtrum Com (SPRD)

Chinese designer of wireless handset Ics: C+, 7

June 26, 2007 @ $14

Yingli Green Energy (YGE)

Vertically integrated photovoltaic prod: B-, 8

June 7, 2007 @ $11

LDK Solar (LDK)

multicrystalline wafers for solar cells: B-, 8

May 31, 2007 @ $27.00

China Sunergy (CSUN)

solar cell products, China: C+, 7

May 16, 2007 @ $11

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3 of 3 China IPO files

Qiao Xing-Mobile (QXM)

Mobile handsets: C+, 7

May 2, 2007 @ $12

Tongjitang ChiMed (TCM)

modernized trad Chinese medicine: C+, 8

March 15, 2007 @ $10

Xinhua Finance (XFML)

Chinese media company: B-, 8

March 8, 2007 @ $13

3SBio Inc. (SSRX)

Chinese biotech: C+, 7

Feb 6, 2007, @ $16

JA Solar (JASO)

China-based solar cells mfg: C, 7

Feb 6, 2007 @ $15.00

Solarfun Power (SOLF)

solar cells and modules: C+, 7

Dec 20, 2006 @ $12.50

Fuwei Films (FFHL)

plastic film for various markets: C+, 6

Dec 18, 2006 @ $8.28

Melco Entertnmnt (MPEL)

casino gaming/entertainment in Macau: B-, 8

Dec 18, 2006 @ $19

Trina Solar Ltd (TSL)

soilar power modules: C+, 7

Dec 18,, 2007 @ $18.50