fawnpass's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/290441/comments http://seekingalpha.com/article/177528-coffee-from-shangri-la?source=feed#comment-800862 800862 Thu, 10 Dec 2009 22:25:21 -0500 http://seekingalpha.com/article/170431-china-in-a-bubble?source=feed#comment-739811 739811
"The property market is a massive bubble - there are literally thousands of empty residential building throughout China, from 1st tier to fourth. Take a look at night at all the buildings without lights on."
What you write is true, but does not explain the full picture. The reason for the empty buildings is that there has been a build-out of large high-end luxury apartments. Most folks that can afford these buy one to live in, and several for speculation. As housing prices drop and/or lack of buyers, they are content to sit on the empty property rather than take a loss, and are not buying more. However, there is a supply shortage of new "normal smaller sized apartments" the kind the average worker wants and can afford, which in turn pushes up the price of smaller and second hand apartments. From the developer's view, luxury apartments make more money so that is what they build. An analogy for this dislocation would be if all of the sudden the only new cars available for purchase were ferarri and mazerati, hence the problem. This problem will only go away with more government-subsidized affordable housing projects.]]> Sun, 01 Nov 2009 22:40:16 -0500
"The property market is a massive bubble - there are literally thousands of empty residential building throughout China, from 1st tier to fourth. Take a look at night at all the buildings without lights on."
What you write is true, but does not explain the full picture. The reason for the empty buildings is that there has been a build-out of large high-end luxury apartments. Most folks that can afford these buy one to live in, and several for speculation. As housing prices drop and/or lack of buyers, they are content to sit on the empty property rather than take a loss, and are not buying more. However, there is a supply shortage of new "normal smaller sized apartments" the kind the average worker wants and can afford, which in turn pushes up the price of smaller and second hand apartments. From the developer's view, luxury apartments make more money so that is what they build. An analogy for this dislocation would be if all of the sudden the only new cars available for purchase were ferarri and mazerati, hence the problem. This problem will only go away with more government-subsidized affordable housing projects.]]> http://seekingalpha.com/article/164997-a123-investors-are-forgetting-the-fundamentals?source=feed#comment-704870 704870 Tue, 06 Oct 2009 09:24:04 -0400 http://seekingalpha.com/article/136801-must-read-for-china-investors-fact-and-fiction-in-china?source=feed#comment-498340 498340 Sun, 10 May 2009 22:26:13 -0400 http://seekingalpha.com/article/132937-is-china-the-next-great-bubble?source=feed#comment-476721 476721 Fri, 24 Apr 2009 23:33:16 -0400 http://seekingalpha.com/article/118950-shares-could-be-signaling-an-upward-turn-for-chinese-economy?source=feed#comment-379029 379029

On Feb 06 04:37 PM myWealth.com wrote:

> It's very hard for the average individual to invest in Chinese individual
> stocks and know what they are getting into. I'd suggest sticking
> with CAF (the ETF) or another ETF (seekingalpha.com/symbo...).
> My preference is the former.
>
> I'd always stay diverse in China and never isolate my money to their
> individual stocks or even just one sector over there...since people
> have such a hard time getting data from outside of China.
>
> Until they develop further and also have less controls on information,
> I'd stick to that game plan of ETF investing in China.
>
> You might ask a broker like Interactive Brokers that deals in so
> many international markets how to invest in their auto industry.
> But I'd never suggest doing so. Stay broad and diverse.]]> Fri, 06 Feb 2009 23:09:29 -0500

On Feb 06 04:37 PM myWealth.com wrote:

> It's very hard for the average individual to invest in Chinese individual
> stocks and know what they are getting into. I'd suggest sticking
> with CAF (the ETF) or another ETF (seekingalpha.com/symbo...).
> My preference is the former.
>
> I'd always stay diverse in China and never isolate my money to their
> individual stocks or even just one sector over there...since people
> have such a hard time getting data from outside of China.
>
> Until they develop further and also have less controls on information,
> I'd stick to that game plan of ETF investing in China.
>
> You might ask a broker like Interactive Brokers that deals in so
> many international markets how to invest in their auto industry.
> But I'd never suggest doing so. Stay broad and diverse.]]> http://seekingalpha.com/article/117920-the-year-of-the-ox-arrives-in-china-land-of-currency-manipulation?source=feed#comment-373350 373350

On Feb 02 10:41 AM hazenyc wrote:

> i think he is implying the daily ATM limit is in place to prevent
> mass withdrawls a la A run on the bank...
> You can go inside and cash out ur account in a cashier's check the
> ATM limits are in place to: prevent most people from accidentally
> withdrawing too much money from their measley checking accounts..
> and to ensure the machine doesn't run out of money!]]> Mon, 02 Feb 2009 11:10:31 -0500

On Feb 02 10:41 AM hazenyc wrote:

> i think he is implying the daily ATM limit is in place to prevent
> mass withdrawls a la A run on the bank...
> You can go inside and cash out ur account in a cashier's check the
> ATM limits are in place to: prevent most people from accidentally
> withdrawing too much money from their measley checking accounts..
> and to ensure the machine doesn't run out of money!]]> http://seekingalpha.com/article/112310-chinese-youth-will-propel-economic-and-political-changes?source=feed#comment-339514 339514 Sat, 27 Dec 2008 22:47:00 -0500 http://seekingalpha.com/article/112350-china-is-looking-fragile?source=feed#comment-339511 339511 Sat, 27 Dec 2008 22:32:01 -0500 http://seekingalpha.com/article/109822-it-s-1974-for-the-u-s-but-1929-for-china?source=feed#comment-324553 324553 Tue, 09 Dec 2008 09:47:04 -0500 http://seekingalpha.com/article/106334-gm-must-die?source=feed#comment-308589 308589 Tue, 18 Nov 2008 02:57:17 -0500 http://seekingalpha.com/article/106335-why-i-m-worried-about-china?source=feed#comment-308480 308480 Mon, 17 Nov 2008 22:17:48 -0500 http://seekingalpha.com/article/105013-opportunity-to-sell-into-china-s-illusory-stimulus-package?source=feed#comment-302565 302565 Of course, short term rallies will offer opportunity for profit taking in such a volatile market, on this point the author is also correct. However, it would also be wise to take a long term investment position as well as a trading position in China at this time.]]> Mon, 10 Nov 2008 22:01:37 -0500 Of course, short term rallies will offer opportunity for profit taking in such a volatile market, on this point the author is also correct. However, it would also be wise to take a long term investment position as well as a trading position in China at this time.]]> http://seekingalpha.com/article/103943-china-slowdown-biggest-test-for-communist-government-yet?source=feed#comment-298381 298381 Tue, 04 Nov 2008 21:04:32 -0500 http://seekingalpha.com/article/103454-get-ready-to-buy-like-it-s-2002?source=feed#comment-296794 296794 Sun, 02 Nov 2008 23:10:42 -0500