Friday, November 28, 2008

H-shares to consider

Chua says he will buy China stocks listed on HKSE. Reason is they have higher beta. Since I vow to follow him, I will do likewise. Stocks I am monitoring include Anhui Cement, Angang Steel, China Railway Construction Corp, China Railway Engineering and China Communications. These are stocks most likely to benefit from China's stimulus package. Last check on Chartnexus show all counters still display downtrend. So, I will wait for the turn in trend before plunging headlong into these counters via CFD.

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