Korean Job Discussion Forums

[robot]

My wife is considering putting a few months' savings on some sort of managed fund or stock in China.

Apparently that's what all her friend's parents are doing, and the newspapers indeed confirm China is hot in the run-up to the 2008 Olympics...

I've never been wise at investing -- actually, that's an understatement: i don't even really know what a fund is. I understand this would be different from buying a random stock, as some investor would make the purchases with our money.

Any info or stories of personal experience with this type of investment would be appreciated.

[mytime]

I am actually an investor or trader rather on Wallstreet (small time and part-time though) and I have stocks in a few Chinese companies:

Shanda (SNDA) online gaming company

Baidu (BIDU) China's google

China Mobile (CHL) biggest mobile phone company in the world by subscribers

You can invest in these and many other Chinese companies on the NY stock exchange and therefor you dont need to risk your money with a chinese broker or on the Chines exhange (guess you know that already)

There are others that are good too but the problem is all these Chinese companies have run up so much this year that investing in them now is a little too late
Also very volatile across the board

Best is probably a Chinese ETF or a US or international company that is active in the infrastructure bussiness in China

If you want first-hand knowledge, go to stockpickr.com.....it's a community board/forum for private investors and is linked to thestreet.com (Jim Cramer's website)

If you ask there under the "answers" section, you will get all the advice you need

[Juregen]

Betting on the Olympics to make you money is not a bad idea, but you might want to first try and find out which companies will do better due to exposure of the Olympics.

Not all companies benefit from it.

[Boodleheimer]

having lived in china for three, i would put money anywhere close to it.

but it's quite popular to do so.

i'm waiting for it all to bust and then i can say 'told you so' to a buttload of people.

[Capo]

a good way to invest in china is actually outside of china, invest in mining stocks. china needs raw materials for their economy and have been driving their prices up to record levels over the last few years

[robot]

interesting -- thx for the replies.

i figured we might already be too late.

mining stocks seem interesting... i'll have to research more.

[Capo]

i bought merill lynch world mining trust in 08/08/03 to date is has gone up 318%

bhp billiton is another one to look at I bought it on 07/07/05 now up 95%