Thursday, January 20, 2011

Average bull run in Shanghai has been 600%

According to Aaron Boesky, the average bull run in China has hovered around 600%

1990 - 1992 +1,465%
1992 - 1993 +330%
1994 - 2001 +608%
2005 - 2007 +504%
2008 - 2011 +65% so far. That means lots of room to run right? To Boesky, "this is a buying opportunity". Personally, I am salivating at this prospect.

But so are funds out there which are betting on China and the H-shares to outperform this year. CLSA is predicting a 25% upside for MSCI China and 24% upside for H-shares this year. Time to research China companies more thoroughly!

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