|Day Low/High||30.95 / 31.37|
|52 Wk Low/High||29.66 / 41.90|
The initial public offering of Hansoh Pharmaceutical Group made the Chinese couple Zhong Huijuan and Sun Piaoyang the richest in the nation.
Investors should focus their attention on safer, well-capitalized names as the country's housing market teeters on the brink of a downturn.
Watch the property market more than the trade war for a real indication of where the Chinese economy is heading next.
Investors should look deeper into the massive gains in the Hang Seng so far this year, though, which don't reflect the real picture of what's going on across the border.
With many Chinese developers trading at records, investors should be wary. Prices for secondary homes, the best gauge of the real market, are down. Credit is tough. And raw land sometimes cost more than a new home.
Prospects look particularly bearish for China's real estate sector, which makes up half of all lending in the country. Stocks could sell off fast.
A lot of Chinese developers may be cowboys, but investors can use that knowledge to their advantage in a housing-price boom.