Here's this week's edition of the China Five Index compared with other indexes.
(China Five stocks: Nam Tai Electronics, NetEase.com, Sina Corp, Sohu.com, and UT Starcom.)

The China Five Index is pegged at 1000.00 as of 7/8/03 (the day the China Connection board 
began)
 
The Big Five Tech (Dell Computer, Intel Corp, Microsoft, Cisco Systems, and Oracle.) is also 
pegged at 1000.00 as of 7/8/03.

New this week is the China Connection Index. This index includes the China Five, plus 
ASIA-AsiaInfo, CHINA-chinadotcom, PACT-PacificNet, PCNTF-Pacific Internet Ltd, 
CHL-China Mobile, & CHU-China Unicom.
Three of the stocks, ASIA, PACT, PCNTF encompass more than China, but still are worth 
including on this board, and in the index. This index is also pegged at 1000.00 as of 7/8/03.

Here's the report from inception of the index (7/8/03) to this weekend:

          
               07/08/03   08/15/03   Pct.%     
               Open       Close      Loss or     Annualized
   Index       Price      Price      Gain        Gain (Loss)
   ------      -------    -------    ------      --------
   DJIA        9198.16    9321.69    + 1.34%
   S&P500      1001.46     990.67    - 1.08%
   Nasdaq      1715.99    1702.01    - 0.81%

   Nikkei      9899.87    9966.21    + 0.67%     (Japan)
   Hang Seng  10010.46   10424.56    + 4.14%     (Hong Kong - China)

   China Five  1000.00    1136.86    +13.69%     +142.34%
   China Conn  1000.00     944.26    - 5.57%     - 57.97%
   Big 5 Tech  1000.00     992.36    - 0.76%     -  7.95%

All five major indexes were UP last week.

The China Five group continues to do well, but the China Connection index has been 
dragged down by all 6 additional stocks, all of which are down since the 7/8/03 starting 
date of the index and board.

Comments, questions, or suggestions?

Larry