6 More Chinese Lottery Tickets
By Furbonacci:Since my first article about Chinese "lottery tickets" was so well received, I've decided to bring it back for an update. NetEase.com, Inc. (NTES) is the only ADR to show up on the list twice. Good luck.I have always been fascinated with Chinese stocks trading on U.S. exchanges. This fascination has cost me dearly. If I had never seen or heard of a Chinese ADR, my portfolio would be about 40% higher than it currently is. I'm a sucker for a great growth story. And the idea of a communist country transitioning to a capitalist model made my mind run like crazy. I thought investing in China during 2004-2008 was going to be like investing in the USA circa 1920.I was horribly wrong, but not because I made some horrible economic forecast or made a faulty calculation - I was wrong because most Chinese corporations see the worldComplete Story »
- Original article
- Login or register to post comments

