huangjin

Emerging Markets Ready to Re-emerge - Barron's

Emerging market moves typically last for years, not months.

Apple's iChat and China: The Perfect Marriage

QQ's network is already accessible from mobile phones, the only thing they would need to add is a camera on the front of the phone. Is that impossible for Samsung, LG and TCL?

Chinese Lessons

A few years ago, China Mobile whacked Sohu, Sina and other Internet stocks by forcing them to charge lower fees for SMS messages sent from their sites. Later, the government cracked down on fortune telling SMS sent from those sites as well, lowering the income of those firms. Be wary of any state owned firm and any private firm in direct competition with the state.

China Stocks: April Was Kind

Check out the article in the LA Times. Chinese are investing in the U.S. now because it is cost competitive. At least some of the FDI to China is money rushing to get in ahead of a revaluation, and once it happens, Chinese money will flow out.
www.latimes.com/news/n...

Anatomy of a Chinese Bubble: A Checklist For Spotting Bubble Tops

One has to parse these Chinese companies. How many people have researched anything beyond the big ADR firms like CHL, CHU, and LFC? I remember newscasts in 2005 and 2006 talking about how SOEs were making profits for the first time, due to energy and materials prices. If those reverse, earnings will tank. The Shanghai Exchange as of end of 2006 had 66% in the top ten stocks. It cold have changed quite a bit since then, but it would still be heavily weighted to a handful of stocks, although those are heavily telecom and financial.

Anatomy of a Chinese Bubble: A Checklist For Spotting Bubble Tops

Good analysis. One difference with the NASDAQ and Shanghai that I haven't seen covered is that China is only up 100% in 5 years. In fact, if you go back to summer 2005, the A-Shares index was down about 50% from 2002. So something significant is taking place. Why is a market people dumped to 50% of it's value 2 years ago, now shooting higher? Given that I barely read anything approaching value investing in the Chinese press when I was there during the bear market (technical analysis is dominant), it leans me towards the bubble side. But unless someone can say that 15% a year returns (100% in 5 years) in an economy growing at 10% are unreasonable , there is a clear argument to be made for fair valuation and no bubble.

John, not only is the number of securities limited, but bank deposits pay an artificially low rate as part of the policies to help state owned banks.