Thursday, October 25, 2007

more Chinese IPOs (because they're good for you)

if we've said it once, we've said it 1 million times! Chinese IPOs are what you want to be paying attention to. Throughout our illustrious history we've made this point, and hope it's becoming clear to some of you now.
Longtop Financial gained 85% after it's first day of trading (although it gave back about 8% today)
Perhaps you should listen to Buffett when he says to dump PetroChina; the soon to be largest company in the world by market cap, but that doesn't mean you can't still make $ from Chinese issuers. We're hearing Longtop has decided to exercise their shoe. I'm in the mood for some pot stickers

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