Lei Yang's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/45406/comments http://seekingalpha.com/article/45167-china-s-latest-financial-coup-buy-h-shares?source=feed#comment-94278 94278
:)]]> Wed, 22 Aug 2007 08:53:59 -0400
:)]]> http://seekingalpha.com/article/44677-chinese-markets-beginning-to-crack?source=feed#comment-93799 93799 Thu, 16 Aug 2007 08:51:43 -0400 http://seekingalpha.com/article/38422-trying-and-failing-to-profit-off-of-the-chinese-market-decline?source=feed#comment-88688 88688 Fri, 15 Jun 2007 08:51:24 -0400 http://seekingalpha.com/article/36457-the-bubble-theorists-have-shanghai-wrong?source=feed#comment-86902 86902 Thu, 24 May 2007 09:40:10 -0400 http://seekingalpha.com/article/36347-why-xinhua-finance-media-is-still-a-buy?source=feed#comment-86893 86893 Thu, 24 May 2007 08:45:31 -0400 http://seekingalpha.com/article/36320-comparing-china-to-the-dot-com-bubble-why-i-m-short-bidu?source=feed#comment-86892 86892 Thu, 24 May 2007 08:43:14 -0400 http://seekingalpha.com/article/36012-is-china-headed-for-a-1929-style-market-crash?source=feed#comment-86636 86636
Now, monday has come and passed in China. The market gapped down over 3% and recovered in no time and ended up for the day. Now what?

I've been so bothered by the fact that so many people are so fixated at the last year's 150% raise of Chinese stock market. Yet, nobody bothered to expand their view, just a bit, just a year or two, further back and see how the Chinese market was doing then. Can you believe that while the country's GDP has been growing around 10% every year, the Chinese stock market went into a multi-year bear whose lowest point was barely 1000 points in 2005? Many company's PE was in low teens! A PE of 10 in a country where the GDP growth has constantly been over 8% for decades! The market doubled from there? So what! Pensioners have been pouring in to the market? Do you even know the Chinese market? From its inception, the majority individual investors have been pensioners and retirees. My mother-in-law has as a matter of fact been in the market for far longer than I have. She actually experienced first hand the horrific bull/bear ride not that long ago.


It bothers me even more to see so many so called "experts/specialist/an... can put on a straight face and put out this kind of "research" without even the slightest effort to try to understand what they are supposed to be "researching" on. Being a Chinese, I have sympathies on those foreigners who have no idea on the country and have to rely on these "experts" for their investments.]]> Mon, 21 May 2007 09:31:34 -0400
Now, monday has come and passed in China. The market gapped down over 3% and recovered in no time and ended up for the day. Now what?

I've been so bothered by the fact that so many people are so fixated at the last year's 150% raise of Chinese stock market. Yet, nobody bothered to expand their view, just a bit, just a year or two, further back and see how the Chinese market was doing then. Can you believe that while the country's GDP has been growing around 10% every year, the Chinese stock market went into a multi-year bear whose lowest point was barely 1000 points in 2005? Many company's PE was in low teens! A PE of 10 in a country where the GDP growth has constantly been over 8% for decades! The market doubled from there? So what! Pensioners have been pouring in to the market? Do you even know the Chinese market? From its inception, the majority individual investors have been pensioners and retirees. My mother-in-law has as a matter of fact been in the market for far longer than I have. She actually experienced first hand the horrific bull/bear ride not that long ago.


It bothers me even more to see so many so called "experts/specialist/an... can put on a straight face and put out this kind of "research" without even the slightest effort to try to understand what they are supposed to be "researching" on. Being a Chinese, I have sympathies on those foreigners who have no idea on the country and have to rely on these "experts" for their investments.]]> http://seekingalpha.com/article/35744-chindia-etf-exposes-investors-to-40-of-world-population?source=feed#comment-86295 86295 Wed, 16 May 2007 09:48:19 -0400 http://seekingalpha.com/article/35469-riddle-what-currency-is-warren-buffett-buying?source=feed#comment-86104 86104 Mon, 14 May 2007 14:14:32 -0400 http://seekingalpha.com/article/34188-china-market-syndrome-just-deja-vu-all-over-again?source=feed#comment-85325 85325
This guy must be a victim of Boxers or something.]]> Wed, 02 May 2007 08:59:05 -0400
This guy must be a victim of Boxers or something.]]> http://seekingalpha.com/article/33834-china-s-stock-mania-the-end-is-near?source=feed#comment-85228 85228 Mon, 30 Apr 2007 10:50:42 -0400 http://seekingalpha.com/article/33965-china-to-hollywood-s-boycott-threat-ha?source=feed#comment-85222 85222
This is probably the best piece I have seen so far on this site. "Working from inside" is such a great, great advice. Waving a big stick in front of the dragon has never been a good idea, not just for Hollywood. Any outsider who wants to change the country really needs to project themselves as part of the nation, not a representative of foreign interestes. Hollywood complains hardly register any sympathy from not only Chinese government but also general public largely due to their arrogant attitude and ever-threatenning language. It has been and will remain only a pesky annoyance for the Chinese governement if Hollywood does not change its approache. Keep staying high and aloft, the day when piracy is no longer an issue will be the day Hollywood finds another much tougher problem, bigger and grown-up local competitors.]]> Mon, 30 Apr 2007 10:31:35 -0400
This is probably the best piece I have seen so far on this site. "Working from inside" is such a great, great advice. Waving a big stick in front of the dragon has never been a good idea, not just for Hollywood. Any outsider who wants to change the country really needs to project themselves as part of the nation, not a representative of foreign interestes. Hollywood complains hardly register any sympathy from not only Chinese government but also general public largely due to their arrogant attitude and ever-threatenning language. It has been and will remain only a pesky annoyance for the Chinese governement if Hollywood does not change its approache. Keep staying high and aloft, the day when piracy is no longer an issue will be the day Hollywood finds another much tougher problem, bigger and grown-up local competitors.]]> http://seekingalpha.com/article/32227-danone-gives-wahaha-a-hard-trademark-lesson?source=feed#comment-84535 84535 Thu, 19 Apr 2007 09:48:05 -0400 http://seekingalpha.com/article/32633-the-irrationally-exuberant-chinese-stock-market-bubble?source=feed#comment-84456 84456 Wed, 18 Apr 2007 09:53:05 -0400 http://seekingalpha.com/article/32633-the-irrationally-exuberant-chinese-stock-market-bubble?source=feed#comment-84455 84455 Wed, 18 Apr 2007 09:45:50 -0400 http://seekingalpha.com/article/32227-danone-gives-wahaha-a-hard-trademark-lesson?source=feed#comment-84200 84200 Fri, 13 Apr 2007 09:32:41 -0400 http://seekingalpha.com/article/25956-the-inevitable-collapse-of-china-s-banks?source=feed#comment-81040 81040
But rest assured, these "commies" are nothing but tiredless. They will keep working on it, and, eventually, for Milton Friedman's sake, eventually deliver a crash in next decade or so.]]> Mon, 05 Feb 2007 09:48:00 -0500
But rest assured, these "commies" are nothing but tiredless. They will keep working on it, and, eventually, for Milton Friedman's sake, eventually deliver a crash in next decade or so.]]>