[penbat1]

I am ditching my JP Morgan Natural Resources holding and now sticking 100% of my equity investments into China, about 60% Gartmore China Opportunities and 40% Jupiter China

[bert]

penbat1, on Aug 14 2007, 04:27 PM, said:

I am ditching my JP Morgan Natural Resources holding and now sticking 100% of my equity investments into China, about 60% Gartmore China Opportunities and 40% Jupiter China

Where do I find out more about Chinese investment funds, and what companies/stocks are included within these funds? Do I have to go through an investment manager or broker to buy into them? I am thinking of increasing my exposure to China, but feel I should wait untill I see where this global credit bubble goes. I feel most of the big gains in Chinese stock have been realised and there will be a dip or consolidation period before the big and more consistent leg up.

[penbat1]

bert, on Aug 16 2007, 12:24 PM, said:

Where do I find out more about Chinese investment funds, and what companies/stocks are included within these funds? Do I have to go through an investment manager or broker to buy into them? I am thinking of increasing my exposure to China, but feel I should wait untill I see where this global credit bubble goes. I feel most of the big gains in Chinese stock have been realised and there will be a dip or consolidation period before the big and more consistent leg up.

You need to understand that the main Chinese stock market is only available for the Chinese. The two funds I mentioned buy shares on the Hong Kong stock market which is less risky than the main Chinese market. The Hong Kong market has had less exposure to subprime than most.

The two funds I mentioned are the two best known that invest in CHina and there are hardly any others.

Links on the two funds for further info:

http://funds.ft.com/...managers/RWCHAC
http://funds.ft.com/...managers/GEHKCA

Or Google search on them.

Hargreaves and Landsdown are a good place to buy them from as they give big discounts on charges

This post has been edited by penbat1: 16 August 2007 - 11:44 AM

[bert]

I have full access to the Hong Kong stock exchange as a HK "resident". I am personally reluctant to go direct into Mainland shares, don't think I would be able to do that that easily anyway? Friends of mine are telling me to jump back into HSBC.. I'm not so sure.. I have just bought China Meditech
Thanks for that funds info.

[ragingbull]

penbat1, on Aug 14 2007, 04:27 PM, said:

I am ditching my JP Morgan Natural Resources holding and now sticking 100% of my equity investments into China, about 60% Gartmore China Opportunities and 40% Jupiter China

Good choice. 2 of the best Chinese funds there that have performed very well - have them also.

Keeping my Nat resources though as it seems to do well alongside China - as they are they are demanding more nat resources than anywhere else right now

In the end everyone suffered a few weeks back but managed to lay some more in to Gartmore last friday " buy low after all "have you seen how fast China has shot back? doing very well.

[NuBrit]

Are you guys absolutely bonkers? The Shanghai Stock Exchange is showing the classic signs of being caught up in an asset bubble. If you don't believe me, look at this graph and you'll see the SSE is up 500% in less than two years Price to earnings ratios are completely askewed. Let me ask you, when was the last time we saw such exponential growth in the markets, and what happened next?

http://finance.yahoo...1.SS&...&q=l&c=

[Daft Boy]

NuBrit, on Sep 2 2007, 08:09 PM, said:

Are you guys absolutely bonkers? The Shanghai Stock Exchange is showing the classic signs of being caught up in an asset bubble. If you don't believe me, look at this graph and you'll see the SSE is up 500% in less than two years Price to earnings ratios are completely askewed. Let me ask you, when was the last time we saw such exponential growth in the markets, and what happened next?

http://finance.yahoo...1.SS&...&q=l&c=

I agree. Its a huge bubble waiting for a small plick.

[penbat1]

NuBrit, on Sep 2 2007, 08:09 PM, said:

Are you guys absolutely bonkers? The Shanghai Stock Exchange is showing the classic signs of being caught up in an asset bubble. If you don't believe me, look at this graph and you'll see the SSE is up 500% in less than two years Price to earnings ratios are completely askewed. Let me ask you, when was the last time we saw such exponential growth in the markets, and what happened next?

http://finance.yahoo...1.SS&...&q=l&c=

Rubbish

The outside world has almost no exposure whatsoever to the mainland China stockmarket as foreigners are not allowed to invest in it.

Foreigners have to invest in Hong Kong instead which has a PE of about 23.

You also have to remember that vast numbers of Chinese are pumping money into a smallish stock market. They dont have any alternatives as cash interest rates are actually negative. To satisfy the demands of Chinese investors the authorites are now allowing them to invest abroad, particularly Hong Kong so that may well surge even more.

Also in China there is the potential for a huge consumer boom as the Chinese start to get better off and have more purchasing power - that is likely to underpin new Chinese retail companies.

At present the China and Hong Kong market are still rocketing, unlike almost any other market in the world.

[penbat1]

ragingbull, on Aug 23 2007, 04:28 PM, said:

Good choice. 2 of the best Chinese funds there that have performed very well - have them also.

Keeping my Nat resources though as it seems to do well alongside China - as they are they are demanding more nat resources than anywhere else right now

In the end everyone suffered a few weeks back but managed to lay some more in to Gartmore last friday " buy low after all "have you seen how fast China has shot back? doing very well.

Those two China funds are doing well at present but the new kid on the block Threadneedle China Opps has gone especially ballistic. BUt i do notice that somehow about half of that fund somehow invests directly in mainland China (B shares I think) which is an extra level of risk but also potential gain.

This post has been edited by penbat1: 03 September 2007 - 10:13 AM

[ragingbull]

NuBrit, on Sep 2 2007, 08:09 PM, said:

Are you guys absolutely bonkers? The Shanghai Stock Exchange is showing the classic signs of being caught up in an asset bubble. If you don't believe me, look at this graph and you'll see the SSE is up 500% in less than two years Price to earnings ratios are completely askewed. Let me ask you, when was the last time we saw such exponential growth in the markets, and what happened next?

http://finance.yahoo...1.SS&...&q=l&c=

I work in the industry and like penbat has said the Chinese market still has a long way to go.

Have to remember - nearly half of the investment of China funds is within Hong Kong - so rather than just link the SSE - look at the HSI and you will see the real picture - http://finance.yahoo...I&amp...&q=l&c=

hmm keep putting money in nice and safe cash isa's with a 5% yearly return then? nah - think i will stick with my Gartmore china - on 87% gain so far this year thanks

This post has been edited by ragingbull: 03 September 2007 - 07:02 PM