Daniel Su

Magazine Covers: The #1 Contrarian Indicator?

Great article, Thank you for sharing.

Talk of a Chinese Equity Bubble is All Relative

I have not seen any Chinese company was penalized for accounting irregularities, except there was one steel company announced the deal with Angola goverment which later turn out to be extra ordinary exaggeration. Is that mean Chinese accountants/auditors, or accounting system are better than US?, or lack of supervision?

China Direct: The Undervalued Newcomer

www.sec.gov/Archives/e...

Has anyone read their SEC filings?

US Investors Not Feeling the Chinese Stock Market Sizzle

CAF did not make any distribution last year.

12-15-06 The Morgan Stanley China A Share Fund, Inc. Will Not Make a Year-End Distribution for 2006 (BWI)

Is the Chinese Market Overvalued?

Based on CCTV 9 Biz today interview, former deputy CEO of Shanghai stock exchange Fang Winghai recommended investors be cautious, and get out of stocks gradually, citing new investors do not know how to value stocks, and valuation is not sustainable.

Is the Chinese Market Overvalued?

based on CCTV-9 Biz today, during the month of April, 5 million new brokerage acccounts were open, the number is more than last two years new accounts combined.

US Investors Not Feeling the Chinese Stock Market Sizzle

Thank you for your contribution.

www.etfconnect.com/sel..., The purpose of my article, was that most of investors when they bought the China fund, they expect Chinese market return, but as you rightly point out, there are early CEFs and most of mutual funds perfer invest mostly in HK, or Taiwan companies due to better accounting standards, regulation, and transparancy, instead of mainland Chinese companies, PowerShare ETF they invest exclusively ADRs. Morgan Stanely CAF, it invest mainland Chinese Companies A shares, but due to fluctuation of premiums to discount of -9.75% currently, investor did not gain as much as SH index.

Why I'm Long The China ETF

You are right, I did internet search and USA today quoted Joe Kennedy. Thank you for your information.

Why I'm Long The China ETF

I speak English, Korean, and Chinese. End of December, I watched Chinese news program which featured a story about 70 year old lady who was hit by truck, so the police tried to call the ambulance, but she insisted that she did not need ambulance service, because she urgently needed to get to brokerage house to purchase stocks. People massively withdrew their life savings to purchase stocks especially low price, speculative stocks. People waiting in line four to five hours in the brokerage houses to open accounts, people quit their regular jobs, and huddle around price quote TV screens in the brokerage houses. Sounds familiar? US 2000 Tech bubble is repeating in China right now. No gurantee how long this rally will continue, but my expectation is that a lot of small companies will go under with people's life savings.

Famous quote by Jesse Livermore: "When the shoeshine boy gives me stock tips, I know the stock market has topped."