Chinese Consumer Stocks
Normally, when I post a blog here on CAPS, I am writing about stocks I like or macroeconomic issues. Today, however, I am posting because I want HELP! And no better place to poll for help than here on CAPS.
I am looking for Chinese consumer stocks. Not Chinese exporters --- which I want to stay one million miles away from. Essentially, I am seeking out Chinese companies that would benefit from increased Chinese consumer spending and have reasonable growth prospects.
Right now, I have precisely one Chinese stock in my portfolio:
The 9 Ltd. (NCTY)
Looking to potentially add more, but have had little luck finding non-shady companies that operate in the consumer segment.
Give me your suggestions, CAPS! :)