Seeking Alpha

InTheMoneyStock...'s  Instablog

InTheMoneyStocks.com
Send Message
InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype... More
My company:
InTheMoneyStocks.com
My blog:
Pro Traders Rant and Rave Blog
  • Small Cap Chinese Stocks Back In Favor 0 comments
    May 31, 2011 12:18 PM | about stocks: YONG, MS, CHINA
     This morning, it was announced that Morgan Stanley (NYSE:MS) in Asia invested $50 million in Yongye International, Inc. (NASDAQ:YONG). This is a significant investment for a company only valued at approximately $250 million. In addition, it is catching Wall Streets eye because of the recent problems in many Chinese stocks. Over the past few months, stocks like China MediaExpress Holdings Inc. and China Agritech Inc. along with countless others have been halted and delisted due to shady, fraudulent accounting practices. This has caused almost all Chinese stocks to be punished and trade at tiny multiples. Investors have stayed away from small Chinese stocks as they fear more shady companies are lurking. However, today may be the turning point. Investors may start to flood back into Chinese small caps, following Morgan Stanley. Hedge funds may also follow suit and jump in.

    Gareth Soloway
    InTheMoneyStocks.com

    Stocks: YONG, MS, CHINA
Back To InTheMoneyStocks.com's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.