Tuesday, March 13, 2007

Article: Chinese Buffetesque Stocks

It's a Chinese Buffet, Pal [Fool.com] March 13, 2007

Great bunch of foreign stocks to run here:
NetEase.com, Inc. (ADR)
The9 Limited (ADR)
Shanda Interactive Entertainment Ltd (ADR)
Ctrip.com International, Ltd (ADR)
eLong, Inc. (ADR)
Focus Media Holding Limited (ADR)

First three are game makers that will clearly out live Chinese government attempts to curb youth interest in online gaming/interneting. These guys are growing equity and earnings fast.

Ctrip might look to buy cheap faltering eLong and Focus Media, an advertiser looking to grow as well.

It will be worth the time to take a long look at the financials of all these and very nice that they are easy to research and buy trades as an ADR on the NASDAQ. Are they priced low enough? All relatively new, but isn't China's economy as well?