rlirph

China: Beware Bubble 2.0

I for one agree with with doubleshortetf. There are too many "experts" here and else where who claim to be China experts but they have not spent sufficient time in the country. Many are confused with A shares, B shares, H shares.

I just like to point out the fact that China government is the biggest landlord in the country. In spite of all they say, please understand that land auctions bring in lots of money each year to the government coffers. The government may say and act half-heartedly about high real estate prices. In reality it is against their interests that real estate prices collapse or remain low. Just look at how Hong Kong government maintains high real estate prices and you will see how China government will act in the future.

US Expat Living In GZ...

On Aug 06 07:36 PM johnqh wrote:

> doubleshortetf:
>
> It seems that you like to copy and paste in a lot of Chinese threads.
> I would just like to point that out because I have seen your exact
> same post before.

Being the Change: Baidu Report Raises Important Ethical Questions

To Lived In China - It is sad to read your comments. You may want to imply that you have lived in China but your comments reflect how little you know about China. China does have a intellectual piracy problem but I am not aware that if you own the company for four years the government will confiscate it. Please get some education!

China ADRs: Severe Loss in June

...to user 103266: I would just sit on my cash now. You can buy them later at an even cheaper price. The current PE valuation may seems appetizing. However with the ongoing cost increases in most companies their quarterly report will miss estimates as time goes on.

Will China Become the New Silicon Valley?

Can some one tell me any recent innovations that the Chinese has come up with?

China is a third world country with "copycat" mentality. The copycat culture permeats throughout the society. That is why you have copycat television programs, fake Rolexes, pirated DVD's, fake ID cards, counterfeited LVs and Coaches, and copied Windows softwares.

Being under Communist regimen in the past definitely stifle creativity and innovations. Just compare the Indian software industry with the Chinese. It would take China MANY years before people would think and behave differently.

It's More than Just Baidu: 51 Other Ways to Invest in China

Since the purpose here is to disseminate different investment ideas I must point out that some of the data is incorrect.

ACH has gone up 3.5 times this year. PE is nowhere around 5-6.
LFC has almost doubled this year. The correct PE is somewhere north of 65.
ZNH had been losing money annually until 12/06. Hang Seng Bank, subsidiary of Hong Kong Shanghai Bank listed the PE ratio of 246.

It seems that data from ACH and LFC came out of Yahoo Finance.
I do not know why they listed ACH with such a low PE. I know that
Yahoo did not update the fact that LFC had splitted 2.67:1 last December even though their stock price chart is correct.

SNP with a PE of 1400+ is a suspect too. It is just an oil company although a small one by China's standard.