Another stock on the China yield list is China Telecom Corp(CHA Quote), which yields 1.6%. This provider of landline telecommunications and broadband services last month reported it beat analysts' expectations by 4% in the third quarter and added 48.4 million new customers. The stock has a P/E of 20 and a PEG of 5.7.
China Tel is listed in the 40 Best ADRS 52-Weeks TD, a Stockpickr portfolio that also includes Companhia Vale do Rio Doce(RIO Quote), yielding 1%, and Brasil Telecom(BTM Quote), with a yield of 0.6%. Petrochina(PTR Quote) is a stock that yields 2.8%. Berkshire Hathaway(BRKA Quote) announced that it sold off its position in this oil and gas explorer and producer during the third quarter. PetroChina has a P/E of 23.8 and a PEG of 1.6. Petrochina is also listed in a portfolio called Barron's Hugh Young Stock Picks 11-10-2007, which lists the stocks favored by Hugh Young, manager of the Aberdeen Asia Pacific Fund. The fund is up almost 27% through October of this year and has had an average annual return of 28% over the past five years. The fund also contains Infosys Technologies(INFY Quote), an India-based technology and outsourcing company that yields 0.7%. Go to Stockpickr.com to check the entire list of Top-Yielding China Stocks.- Loading Comments...
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