Comments on: Performance of Recent Chinese IPO Stocks

By: Sun

Sun — Fri, 11 May 2007 01:45:10 +0000

Savvy Steward: Chinese domestic stock market is crazy, but it doesn’t mean ADR shares will follow suit to go up. However, if it crashes, then we will feel the pain here. Like what happened at the end of February.

Yeah, we definitely missed the chance with EDU. I tend to hold the stock for a little bit longer before dumping it, the same goes with XFML. I probably would hit my head against the wall if I sold my share of LFC in the summer of 2005 after holding the stock for more than a year without going any where. Actually, I feel with Chinese stocks, those in the service sector (banks, financial companies, etc) will do well, but not those technology stocks. Let’s what’s coming up.

BTW, did you buy IBKR? How was it? I didn’t buy the stock because there so many discount brokers out there and I didn’t hear many people using it.

By: STLPlace

STLPlace — Thu, 10 May 2007 10:02:59 +0000

I bought some EDU shares at some point. But I did not hold it like you did with LFC

It’s really amazing to see New Oriental grow its business like that. Besides the test prepartion, it
seems it grow other areas very well.

By: Moneymonk

Moneymonk — Wed, 09 May 2007 21:20:23 +0000

Wow, I remember last year when Bloomberg TV interviewed with someone from Home Inns and Hotels saying that they are confident that their company is going to grow and they have IPOs. I was hesitate to buy it because I figure it was just a sales pitch.

I regret it now. They are doing very well!

By: Savvy Steward

Savvy Steward — Wed, 09 May 2007 19:12:25 +0000

Quite a boom happening over in China:
here

You think it’s turning into a bubble as some predict?