China's shares
By ptc1990
@ptc1990 (21)
China
September 12, 2009 9:59pm CST
China's shares nearly doubled this year, and then plummeted 20 percent within a month. Reports asked investment guru Jim Rogers when is a good time to buy China stocks while he was attending the China International Financial Services Conference(CIFSC)held in Guangzhou on September 10.
Last year in October, he bought shares in China again. But the Chinese stocks he bought were H-shares, B shares, and S shares, He has never bought A shares, since the A shares are too expensive, and perhaps one day, China's H shares, Bshares, S shares and A shares will merger as one kind of stocks.
If signs of collapse appear in China's stock market, he would buy more Chinese stocks. He thinks this may occur in the near future, bux not new, because although China's stock market is making adjustment, no one is selling Chinses shares in large quantities.
Besides, China's stock market rose 80 percent in the past six months, prices have been toohigh, and I will not buy Chinses stocks at this time, After a year or two, I would consider buying Chinese stocks again.
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