rlirph

China Mobile Should Have a Head Start in E-Reader Race

China Mobile does not have stock symbol of CHU. CHU is China Unicom, the carrier now sells Apple iPhone.

11 Reasons Why It's Time to Invest in China and 5 Ways to Play It

Most people forget that China lives on exports. When the economy of US and Europe declines China has farther to drop.

As to the Chinese shares selling at 8x earnings we have to deal with transparency and accuracy. In addition analysts here and in the US are alike - look at how much cheaper US stocks are now - but they have not marked down the more realistic earnings. When one factors in the 'real' earnings stocks in US and China are no longer cheap. I like to see specific examples to show how many company's earnings are increasing and not decreasing.

Because the Chinese have traditionally saved 40% of their income when the economy contracts the consumers are the first one to defer buying. Just look at their automobile sales in 2008. The sales figure has hit a wall long before the US did.

Locals so far are somewhat optimistic because they still have jobs. When more jobs are eliminated in Southern China (called Pearl Delta, the Shenzhen-Guangzhou-Zhu... triangle) which is happening now those optimism will fade fast.

Chinese Government Gives China Mobile Revenues to China Telecom

I do not know any reason why CHL shareholders should complain. The only reason that China Mobile is growing so fast is because the government allows it. What the father gives the father takes it away.
I would still invest in CHL because every one knows the government actions in the past have benefited the company greatly. Remember several years ago they exchange the senior management of China Mobile with China Unicom? Many actions like this are politically motivated to appease other factions in the government.

Beijing Olympics May Have Negative Impact on Chinese Investments

Both Ctrp and FMCN stock prices have been beaten down badly. I personally like Shaun sold my Ctrp holdings in May and just started buying them back at a discount. However FMCN is a different matter. There is recent discussion on the web regarding their accounting problems which is not good for company as Chinese companies are notoriously opaque in accounting issues.

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.

Book Review: Jim Rogers' "A Bull in China"

You can legally convert US$50K each year into RMB. However there is no mechanism that you can convert it back to US$ and be able to wire it out of China.

There are other legal ways you can convert US$ into RMB. This is being done outside China. Your money is stored in a worldwide off shore bank account.

However the daily limit is RMB$20K per account per day. That is you can multiply that limit based upon the number of bank accounts you have. The advantage of this is that you can easily convert the RMB back to US$ and be able to wire to any country in the world.

The capital control process in China is convoluted. That may explain even PetroChina had to sought the help of underground finance companies to get RMB in and out of the country.

---From a US citizen residing in Guangzhou

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.