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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (3969)12/23/2004 6:51:29 PM
From: RealMuLan  Read Replies (1) of 6370
 
Made-in-China stocks are cheap
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Prices for Chinese stocks have been pushed down by more public offerings and profit-taking, among other factors. But the country's continued growth means robust earnings for many companies there.

By Robert Walberg

It’s been a torturous year for Chinese stocks that trade in the United States. Just look at the performance of some key names: China Yuchai International (CYD, news, msgs), down 56%; Nam Tai Electronics (NTE, news, msgs), off 35%; Chinese Automotive Systems (CAAS, news, msgs); down 30%.

moneycentral.msn.com
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