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Re-Entering China: A Plan Comes Together

 Aug 12, 2008 02:30 PM UTC
Return Risk
-23.27% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
CHL Positive 08/12/08 -18.34% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

Many months ago I decided that I would probably get back into China, one way or another, when/if the Shanghai Composite dropped 60% from its high.

Monday morning, Shanghai got within a few points of 60% down and I bought in on Monday by swapping out of a mega cap telecom name from Western Europe and going into China Mobile (CHL). Not every client of mine owns China now, but many do.




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