A couple of weeks ago, co-blogger Steve Dickinson did a post on Chinese companies that trade publicly on U.S. exchanges. That post was entitled, “Thinking Clearly About Chinese Companies Listed On US Stock Exchanges. Or, If A Tree Falls In A Sino-Forest….,” and in it, Steve distinguished between legitimate Chinese companies and fraudulent Chinese companies.
With all the media coverage of allegedly fraudulent Chinese companies, Chinese share prices overall have suffered, including that of many companies that clearly do really exist and make money every day. In other words, babies are being thrown out with bath water and that usually spells opportunity. We here at CLB do not purport to be China investment gurus (and it never ceases to amaze me some of the people out there who do), but if you are interested in investing in Chinese stocks, I recommend you read, “Why China Looks Like a Buy,” by Ben Levisohn, a personal finance writer with the Wall Street Journal. I like its analysis and I particularly like its graphics.
What do you think? I should not have to mention this, but I will. Any comments left by anyone on this or on any other posts are simply the opinions of those who are leaving the comments and they may or may not reflect the opinions of this blog. This is my legalistic way of telling you that we do not monitor the comments for quality (short of deleting those that are racist, hate-filled, straight out promotions, or simply so beyond the pale that we would be doing a disservice to our readers were we to publish them) and so read and follow (or not) wholly at your own risk.
