rlirph

C-Trip Could Be Worth the Long Haul

In China Expedia owns Elong.net. Ctrip has been distancing itself over Elong for the past several years.

My concern is that management also owns Home Inn (HMIN) on the side. In China where there is little transparency one is not sure where the money goes...

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.

Beijing Olympics Investing: Think Travel Stocks

I like to know how does Guangshen Railway which runs the railway service between Guangzhou and Shenzhen will benefit from the Olympics. For those who are not familiar with geography Beijing is at least 2000 miles from either Guangzhou or Shenzhen.

The GSH railway is like Amtrak train between San Diego and Los Angeles. Are you saying that because the Olympics was held in Atlanta we should expect a pickup in passengers between San Diego and Los Angeles? I would assume most visitors would prefer flying rather than sitting in a train for 36 hours.

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.