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Disconcerting: "Asia Confidential"

CrashCrash
edited February 2014 in Off-Topic
http://asiaconf.com/?doing_wp_cron=1389670654.0088429450988769531250

And yet: "Put simply, you should expect further pain in Chinese stocks from already low levels. But it could soon turn into a fabulous buying opportunity for long-term investors. I’d focus on sectors which will benefit in the “new” consumption-driven China, including consumer discretionary and staples, telecommunications and internet companies. Cheap ways to play the future of China, in other words. I like retailer, Giordano, telecoms giant, China Mobile, China Mengniu Dairy as well as internet play, Tencent, though expect to pick them all up at cheaper prices."

Comments

  • beebee
    Take a look at KWEB
  • scott
    edited February 2014
    Tencent can be played through Naspers (NSPNY), the South African e-commerce/media giant, although I think it's gotten even more overvalued. Playing Alibaba via Softbank is a little more interesting after that has tanked lately. If Naspers ever came down, that is an interesting play on emerging market e-commerce.

    I'd rather own Singapore Telecom ("Singtel") than China Mobile, as Singtel has ownership in a handful of other regional telecoms, as well as some private equity/venture capital investments. It also owns large mobile ad firm Amobee. (http://www.amobee.com/)

    I continue to like Jardine Matheson and Hutchison Whampoa. The latter has the second largest health and beauty chain in the world (AS Watson, which it plans to spin-off this year), not to mention is one of the largest owners of port operations in the world. Both trade around book value.
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