Malcolm,
I'm not able to comment on your specific stock selections yet, but I'd offer that most of us are likely unable to purchase HK traded shares unless they are also ADRs. If time allows, peaking at what is available can't hurt. <g>
Some smart guys have suggested rather than trying to invest directly in China, look to invest in companies or countries one step removed who will benefit from trade or supply. That might mean Chile (copper) or Brazil (iron ore, alumina, ethanol) or Indonesia (oil) or Canada (metallurgical coal, nickel) or Australia (all mentioned thus far). Hmm. Notice one country not listed? Wait a minute, how about the US (soybeans, corn & wheat?)?
Much of what is obvious to me, has already run a good bit. This tempers my enthusiasm. You might say the china play has been discovered, and is getting a good bit of press play these days. Usually, I start looking for other themes when that happens.
I've been working on a wish list, thinking that if things turn south for a period of time in the broader markets, it may provide a chance at picking up some shares at a better price.
It turns out there are many things to be learned in the world of Global trade and supply chains. Endless entertainment for those so inclined.
It may be that there are CEFs with one or more of your selections. I think CEFs with good mgmt are probably one of the 'safer' ways to go. One of these days, I may actually study the holdings of something like Templeton Funds.
franklintempleton.com |
