I'm still bullish towards the China Market. Went on a scavenger hunt this weekend to dig up some dirt and find some treasure.
Found this to be interesting: China Merchants Group http://www.cmhk.com one of the most important Chinese state-owned enterprises in China holds majority stocks in multiple China companies. One being in my recent investment into CTDC.
The China government allows this merchants group to go and invest government cash to boost the economy and increase company gains and the merchants group's dinero.
Fishy but it might just do the trick for CTDC. Recent reports show a substantial increase from last years net loss to this years gain. They are seemingly setting up to make a run with their solar panel concepts this fall.
CTDC up 42% since it's last close on Friday :D
Disclosure: Long CTDC.
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