Q: Are you buying Chinese company shares now?
Jim Rogers : I've
never bought Chinese domestic A shares in my life because it's always
more expensive. But I've been buying H shares and overseas-listed
Chinese companies for the first time in a while.
One company I bought was HollySys,
a supplier of automation and control applications to China's subway and
railway sectors. I owned it before and I've bought some more shares
recently.
Another company is Fab Universal, a mobile digital entertainment provider. I also bought a Chinese investment firm and companies in the defense sector. - in Chinamoneynetwork
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Wednesday, June 11, 2014
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Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "