Re-Entering China: A Plan Comes Together - rogernusbaum

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Re-Entering China: A Plan Comes Together
Aug 12, 2008 02:30 PM UTC

rogernusbaum

Return	Risk
-17.52%	MID

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Symbol	Sentiment	Start	Return	Closed
CHL		08/12/08	-18.46%	--

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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