Salient to Investors: Tony Hsu at the Dalton Greater China Fund focuses on entrepreneur-led companies and against state-controlled enterprises. Hsu likes Hong Kong-listed property developers with prime assets in the largest Chinese cities yet trading at large discounts to their NAV, because first-tier cities will be major beneficiaries of the
READ MORE... →Salient to Investors: Jim Rogers said: The most important economic event of the next 10 to 20 years is what happened in Beijing, though largely ignored, particularly by the Western media. Current efforts to reform, if followed through, could take a generation to really bear fruit but Chinese agriculture, railroads,
READ MORE... →Salient to Investors: Wang Zilong at Phillip Futures said the Hang Seng China Enterprises Index of mainland stocks traded in Hong Kong is set to advance to levels unseen since May because its 50-day moving average climbed above its 100-day measure on Sept. 30, forming a golden cross for the
READ MORE... →Salient to Investors: Jim Rogers writes: Renminbi globalization is good for all China because it means every investor worldwide can invest there, bringing great market opportunities to China’s commodities. China will become the world’s center for commodity transactions and its financial market will be the best in the world.The US
READ MORE... →Salient to Investors: Mao Sheng at Huaxi Securities said investors are getting more confident about the economic data and stocks will be steadily rising for the rest of the year. Xu Gao at Everbright Securities said we are clearly seeing stronger external demand momentum as manufacturing in the US and
READ MORE... →Salient to Investors: Zhao Danyang at Pureheart Capital Asia has more than 80 percent in Chinese stocks traded in Hong Kong, Singapore, the US and at home from 50 percent at the start of 2013. Pureheart has sold almost all of its Indian stock holdings and plans to further cut its Vietnam investments. Pureheart said Chinese
READ MORE... →Salient to Investors: Adam Johnson writes: The drumbeat against China’s ability to grow has been relentless despite more economic data over the past month beating forecasts than has fallen short. China’s retail sales so far in 2013 have risen by almost 13 percent, meeting economist forecasts. The iShares China Large-Cap ETF has fallen
READ MORE... →Salient to Investors: The MSCI China Index has gained 14 percent, including dividends, since July 1993 versus 452 percent for the S&P 500 Index, 322 percent for the MSCI Emerging Markets Index and 86 percent from US Treasuries. Only the MSCI Japan Index had a weaker performance among the 10 largest
READ MORE... →Salient to Investors: Quincy Krosby at Prudential Financial said China increasing the investment limit for qualified foreign institutions sends a strong signal that the government is committed to reforms. Krosby says little by little, China is opening up the market, paving the way for deeper reforms. Timothy Ghriskey at Solaris said the quota increase would definitely
READ MORE... →Salient to Investors: In Q1 2013, BRIC bonds, currencies, and stocks fell together for the first time since 2006. Since 2003, the MSCI BRIC Index has returned 227 percent, but is down 17 percent in 2013 and trailing the S&P 500 by the most since 1998. The MSCI BRIC Index
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