Itsjustal

Chinese Companies Lead Advertising Investment Options

You should take a look at a NASDAQ listed Chinese media company named Xinhua Finance Media Ltd. (XFML). Billionaire Ron Burkle recently took a very large position in it. You may recall that he took a run at Dow Jones recently so that he could secure control of the Wall Street Journal. XFML operates in virtually all media advertising sectors in China. It is poised to be the defining source for business and economic information in China. I am giving a very abridged summary here, but it is worth everyone's time to research it. It has a single digit P/E ratio today.