This pick is NOT intended as a trading position.There will be more pain as more export oriented factories go under but I have faith in the ability of the management to deal with troubles as they arise-I expect China to use its massive cash reserves to boost infrastructure spending and will manage a shift to boosting domestic consumption.India has the potential but lacks effective leadership thereby...
China is down 60 %. Why buy ? 1.strong leadership which is ruthless -important in a commodity bull market 2.cash rich 3.excellent infrastructure -most of the cash intensive work was done in times of cheap money unlike India where infrastructure work is still picking up -most of the announced projects will be abandoned as time progresses as they become finacially un viable 4.ties ...
The Games were a reasonable sign that the country continues to be run well. The companies in China should continue to do well over the foreseeable future.
The short-term correction in China is over. I'm adding this ETF (iShares FTSE/Xinhua China) to other country-specific ETF's (like EWX - Brazil), that hold the greater promise for growth globally. The breakout occured over 155.
Page C7 The WSJ mentioned "with its stock market down by about half since its peak, authorities in Beijing rolled back a year-old tax increase on stock transactions. The widely anticipated measure contributed to the day's 4.2% rise in the Shanghai Composite Index. "The Ministry of Finance said it will reduce a tax on trading to 0.1% of the value of each purchas...
The olympics will make the chinese feel really good....especially as CHN will win lots of medals. happy, patriotic people are more productive and spend more money.
FXI is ready to go up. It has been down significantly for the past 6 months and provide more compelling valuation. In addition, Chinese stocks nowadays are not expensive and poised to rebound in general until after Olimpic event in Beijing, China.
Yes, granted credit deleveraging is not over yet, although one may consider China's long-term move. We've seen a very intense correction, as the credit deleveraging deflates global asset classes from equities to fixed income. An additional criterion when considering foreign investment is the currency exchange. While we will see long-term capital appreciation because of China's...
FXI is in a recovery phase crossing above the 20 day moving average.With the Fed declaring that it is going to increase money supply even in the face of rising inflation,the liquidity is going to be ample.This liquidity would not go to resolve the credit crunch(long term rates are going up-the banks are making a killing by borrowing at low rates and reinvesting in higher yeild instruments) as the F...
I have had good success using puts and calls to trade on a daily basis. First purchase of FXI at 85 second at 125. Now I sell calls at the money (all premium) and trade the calls up or take profits on down turns. I will also sell puts into downside market volatility and trade them on the reverses. Fxi has the best 25 China stocks and these companies should prosper. Its hard to see the...
Chinese stocks
- Chinese stocks have been killed this year. the Shanghai Index has shed 60%. Does anyone think that now is a good time to sift through the wreckage?
About iShares FTSE/Xinhua China
- Answers.com
