China Shares

[Dr_Who]

Yeah, some of my Asian shares are booming.

Much more exciting than the NZ blue chip stocks with the exception of NPX... LOL

[Dr_Who]

Hey Bel, which country is that stock and company name?

[Dr_Who]

See http://www.baidu.com/ ... its the chinese google ... Ask any chinese internet surfer and they'll mention it straightaway. Traded in the US.

Doesnt google have search in the Chinese language?

[lakedaemonian]

BIDU ... Now good for over a 100% gain in just six months ...

Near identical performance(6 month, 2 year) to the two US listed Chinese stocks I've posted on before:

SNDA : Shanda Interactive

ADY : American Dairy

They both outperformed Baidu by a healthy margin on the 1 year.

I am MORE than happy to sit in cash-like for now.

Everyone's surely heard of MAD(Mutual Assured Destruction).

MEAD(Mutual Economic Assured Destruction) is the new MAD!

While it seems trade between the US/China is declining......I don't see how they will avert the next global leg down triggered by:

Commercial Real Estate(already collapsing)

Pensions....defined benefit pensions both corporate, and local/state government(starting to get the speed wobbles)

My long-term, multi-decade investment strategy will include anywhere from 25-40% allocation in a China-focused Asia.

But not until I feel we have a firm foundation for "Monopoly 2.0".

I'm hearing some worrying anecdotal information out of China.

It continues to be a very volatile trading environment...and I'm not much of a trader.

I'm bullish on China long-term....but I think they have a lot to worry about over the next 5-10 years......but a fair bit less so than US/UK/EU.

Once my inflation hedging strategy has finished playing out and I'm ready to dive in, China will be a key focus....but not until then.

Just my 0.02c

[newbietrader]

i dont have access to China market directly..but have access to Singapore/HK shares which l subscribed to when I was working there..

the site I go to www.poems.com.sg

[Bouncerdog]

I wanted exposure to China and India and so used USA based ETFs trading on NYSE - which used to be available through the old National Bank/First Capital share broking set up. The new people don't like to do that, which is a shame.

I managed to buy in when the NZD was strong and so am happy with my long-term investment. I like the fact that ETFs/index trackers have low costs/fees. I am allergic to all sorts of financial managers/advisers who take money without adding value. They make me come out in big blotches of poverty and bitterness.

Everything I read about financial planning tells me to look outside of little old New Zealand and spread your investments- but it seems really difficult to actually invest in a focussed international fund that doesn't charge an arm and a leg. The US ETFs sort of offer that, but then life becomes complicated with taxation issues - and the need for full service brokers to actually trade.

We have the SMART products on the NZX already. It would be neat if they could expand that family to provide focussed global exposure in baskets of shares in large cap India, or energy focussed China, or commodities based in Africa, or whatever.

Couldn't Mark Weldon do a deal with some US based ETFs to have them listed on the NZX? And who knows, perhaps the tide would turn, and Aussie dollars would start flow into the NZ Exchange?

[dragonz]

I wanted exposure to China and India and so used USA based ETFs trading on NYSE - which used to be available through the old National Bank/First Capital share broking set up. The new people don't like to do that, which is a shame.

I managed to buy in when the NZD was strong and so am happy with my long-term investment. I like the fact that ETFs/index trackers have low costs/fees. I am allergic to all sorts of financial managers/advisers who take money without adding value. They make me come out in big blotches of poverty and bitterness.

Everything I read about financial planning tells me to look outside of little old New Zealand and spread your investments- but it seems really difficult to actually invest in a focussed international fund that doesn't charge an arm and a leg. The US ETFs sort of offer that, but then life becomes complicated with taxation issues - and the need for full service brokers to actually trade.

We have the SMART products on the NZX already. It would be neat if they could expand that family to provide focussed global exposure in baskets of shares in large cap India, or energy focussed China, or commodities based in Africa, or whatever.

Couldn't Mark Weldon do a deal with some US based ETFs to have them listed on the NZX? And who knows, perhaps the tide would turn, and Aussie dollars would start flow into the NZ Exchange?

This is a very good post Bouncerdog. I hope you send a copy to Mark Wheldon.

[lakedaemonian]

I wanted exposure to China and India and so used USA based ETFs trading on NYSE - which used to be available through the old National Bank/First Capital share broking set up. The new people don't like to do that, which is a shame.

I managed to buy in when the NZD was strong and so am happy with my long-term investment. I like the fact that ETFs/index trackers have low costs/fees. I am allergic to all sorts of financial managers/advisers who take money without adding value. They make me come out in big blotches of poverty and bitterness.

Everything I read about financial planning tells me to look outside of little old New Zealand and spread your investments- but it seems really difficult to actually invest in a focussed international fund that doesn't charge an arm and a leg. The US ETFs sort of offer that, but then life becomes complicated with taxation issues - and the need for full service brokers to actually trade.

We have the SMART products on the NZX already. It would be neat if they could expand that family to provide focussed global exposure in baskets of shares in large cap India, or energy focussed China, or commodities based in Africa, or whatever.

Couldn't Mark Weldon do a deal with some US based ETFs to have them listed on the NZX? And who knows, perhaps the tide would turn, and Aussie dollars would start flow into the NZ Exchange?

But wouldn't that open the floodgate to easy offshore investment options?

Wouldn't that magnify the "Sword of Damacles" hanging over our collective NZ heads in the form of already insufficient domestic savings/investment?

Wouldn't that possibly result in further thinning out of the NZX by way of more attractive foreign competition?

Wasn't the whole Cullen led debacle of taxing UNREALIZED gains from foreign investment a means to scare money towards NZ options and away from foreign options?

I would love to see low cost domestic and foreign ETF options available locally, but I'm not confident it's in the best interest of the powers that be for the slowly growing pot of Kiwisaver money to leave NZ and avoid local ticket clipping.

Just my pessimistic 0.02c

[Bouncerdog]

All very good points.

Funny how we moan about EU and USA dairy subsidies when we have our own form of investment protectionism in place here in NZ.

“I would love to see low cost domestic and foreign ETF options available locally” .

So why not? How hard can it be to make that happen? Market-led product development.

Must be a bunch of entrepeneurs and investors who could put that together. Surely plenty of financially savvy individuals out there looking for opportunities after all those finance companies went belly up.

I’d buy a few shares in it.

[beacon]

I wanted exposure to China and India and so used USA based ETFs trading on NYSE - which used to be available through the old National Bank/First Capital share broking set up. The new people don't like to do that, which is a shame.

I managed to buy in when the NZD was strong and so am happy with my long-term investment. I like the fact that ETFs/index trackers have low costs/fees. I am allergic to all sorts of financial managers/advisers who take money without adding value. They make me come out in big blotches of poverty and bitterness.

Everything I read about financial planning tells me to look outside of little old New Zealand and spread your investments- but it seems really difficult to actually invest in a focussed international fund that doesn't charge an arm and a leg. The US ETFs sort of offer that, but then life becomes complicated with taxation issues - and the need for full service brokers to actually trade.

We have the SMART products on the NZX already. It would be neat if they could expand that family to provide focussed global exposure in baskets of shares in large cap India, or energy focussed China, or commodities based in Africa, or whatever.

Couldn't Mark Weldon do a deal with some US based ETFs to have them listed on the NZX? And who knows, perhaps the tide would turn, and Aussie dollars would start flow into the NZ Exchange?

That'll bring some of my funds back to NZ, and NZX can happily have their cut. At the moment they are getting bugger all from me.