11 Reasons Why It's Time to Invest in China and 5 Ways to Play It [View article]
re: china stock cheap before CSR dropped 30% in 5 days certainly not...now, may be not as well. Chinese cies have higher cost of capital from a higher cost of equity making a PE comp with US cies irrelevant. CSR also has governance problems. A bad stock is never too cheap to buy.
11 Reasons Why It's Time to Invest in China and 5 Ways to Play It [View article]
before CSR dropped 30% in 5 days certainly not...now, may be not as well. Chinese cies have higher cost of capital from a higher cost of equity making a PE comp with US cies irrelevant. CSR also has governance problems. A bad stock is never too cheap to buy.