Spotlight on Top 7 Performing BRIC Stocks in the First Half of 2013

July 2, 2013

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2 min read

BRIC is an acronym that stands for Brazil, India, China, and Russia. These countries are grouped together because of their similar economic development.

But when we screened to find the top-performing BRIC countries this year to date, we discovered that all seven top performers, all of whom had an increase in year-to-date stock price of over 100 percent, are Chinese. In fact, the highest performing BRIC country not in China is WNS Holdings (WNS) in India, which experienced a relatively modest 62.22 percent gain. 21 Chinese companies did better.

These are the top eight, according to our research:

Hanwha SolarOne Co. Ltd. (HSOL)

This Chinese company makes photovoltaic solar cells, and raked in 56.2 million in 2010. This company leads all BRIC countries with a whopping 136.63 percent gain YTD to hit $2.39 a share.

China Information Technology (CNIT)

This company provides “systems that include First Responder Coordination Platform, Intelligent Recognition System, Residence Card Information Management System, and police use GIS products.” They’re up 180.22 percent on the year.

China Mobile Games and Entertainment Groups (CMGE)

This company is one of the leading mobile phone-based game making companies in China. They’re up 233.50 percent on the year, and sit at $13.04 a share.

Lentuo International Inc. (LAS)

Lentuo is a Chinese automobile dealership company expanded rapidly in 2013, and their stock price reflects this. Lentuo has gained an astronomical 299.18 percent to date this year, and currently sits at $4.18 a share.

China HGS Real Estate Inc. (HGSH)

This real estate company develops apartment complexes in Hanzhong City, the capital and largest city of Zhejiang Province in Eastern China. The stock has posted a 189.08 percent gain on the year, though this is tempered by a 21.14 percent drop in the second quarter.

Sino Clean Energy Inc. (SCEI)

Sino describes themselves as being a “commercial producer and distributor of coal-water slurry fuel (“CWSF”) commonly referred to as Coal Water Mixture (“CWM”) which is clean fuel that consists of fine coal particles suspended in water.” Their stock is up 118.18 percent this year to date to hit 24 cents a share.