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September 15, 2009 – Comments (2) | RELATED TICKERS: CHINA
I just don't think that it is safe to invest in China right now unless I have cash that I am just throwing away. Access to their financial books are not readily available and culturally, they are different. We tend to believe that everyone reasons the same way.
"Access to their financial books are not readily available"
Chinese stock listings and ADRs have exactly the same SEC reporting requirements as other stocks.
I believe it is exactly a good time to invest in China, it is just a matter of what exactly to invest in. For instance my current China stocks have gone up 226.34% with HOLI and 70.32% with SDTH, in only a few months time. . . my tip is not just to rely on wallstreet news, look into and talk to those that specialize in the type of market your investing in. .. for instance: Architecture, I follow architecture, so if I start reading in my magazines and read on my online sites I frequent and they state that a certain country is going be getting a big boom in building, presto - time to look into finding out whom to invest in within that country for when (if not already) the boom has started.
Another thing I almost have no doubt China has nuclear power, and looking into building nuclear power plants and upkeeping the ones they have. Some times it is better to go by common sense than what the government tells you! ;) Anyways I think it is mutually safe to invest in China for now!
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