Re-Entering China: A Plan Comes Together [View article]
CHL took a big hit today and panic selling may ensue, but I agree with Roger. China is being greatly underestimated.
The single greatest reason to buy China after a 60%+ correction is because only 8% of all Chinese wealth is invested in the stock market. It is the lowest level in Asia and compares to 35-40% in the U.S. and the EU. Money flow moves markets and the long-term trend of money flow from this point in the market is higher...higher for years to come.
Re-Entering China: A Plan Comes Together [View article]
The single greatest reason to buy China after a 60%+ correction is because only 8% of all Chinese wealth is invested in the stock market. It is the lowest level in Asia and compares to 35-40% in the U.S. and the EU. Money flow moves markets and the long-term trend of money flow from this point in the market is higher...higher for years to come.
Regards