Bullish on China-related plays?

In Uncategorized on 12/01/2010 at 6:44 am

A China bear. The man who made a fortune shorting Enron.

If he is right then investors in CapLand, AsianMalls, Noble, Raffles Education better be careful.

On the other hand, they make take comfort, “his detractors say that he knows little or nothing about China or its economy and that his bearish calls should be ignored”. ┬áBut then before Enron collapsed, his critics said he didn’t understand Enron’s biz model.

SE Asia had better hope that he is wrong

Asian exports to China soared at the end of last year according to a slew of data released last Thursday (not S’pore though, still not seen any), suggesting that Chinese demand is emerging as a stronger than expected engine of economic recovery in the region.

The biggest jump came in South Korea, which said December exports to China jumped 94% compared with the same month a year ago. Taiwan reported a 91.2%  jump in the value of shipments for December, and Malaysia said exports jumped 52.9% in November from a year earlier.

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