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Q: Shorting the Chinese economy ( No Answer,   2 Comments )
Question  
Subject: Shorting the Chinese economy
Category: Business and Money
Asked by: bigrick3725-ga
List Price: $20.00
Posted: 28 Jan 2005 08:06 PST
Expires: 27 Feb 2005 08:06 PST
Question ID: 464826
What mutual fund can I buy that will effectively short Chinese stocks
or related stocks that would go down in the event of a crash in
mainland China?

Clarification of Question by bigrick3725-ga on 28 Jan 2005 08:22 PST
A good stock to short would be OK too if no fund for shorting is available.

Request for Question Clarification by pafalafa-ga on 01 Feb 2005 14:04 PST
Any of these ring your chimes...?





LFC ..........China Life Insurance Co Ltd (China) 
CHNR ..........China Natural Resources Inc 
CHA ..........China Telecom Corporation Ltd 
CHINA ..........Chinadotcom Corp (there's an inauspicious name, if you ask me)
JFC ..........JF China Region Fund Inc 
PTR ..........PetroChina Co Ltd 
CHN ..........The China Fund Inc 


Let me know...


pafalafa-ga
Answer  
There is no answer at this time.

Comments  
Subject: Re: Shorting the Chinese economy
From: jack_of_few_trades-ga on 28 Jan 2005 09:18 PST
 
Check out XINHUA.

I'll advise you that short selling is a "0 sum game" meaning that if
someone makes money short selling then someone else loses that exact
amount of money.  In fact it's a little worse than a 0 sum game
because there are fees involved with it as well.  So the average
person short selling loses money.

If you have some insider information that the world doesn't know about
and isn't illegal to know that suggests to you that the Chinese
economy is about to spiral into economic disaster, then I certainly
hope you are wrong but I wish you the best in your ventures :)

I'll highly recommend as always that putting $4,000 into an IRA yearly
will save you lots of money on your taxes (it's all tax deductible and
grows tax deferred until you take it out) and if invested in a
reasonable mutual/index fund will probably give you average returns
over 10% (likely 11 or 12%) in the long run.  That's better
information than 90% of the brilliant investors out there will give
you.
Subject: Re: Shorting the Chinese economy
From: timgray-ga on 01 Feb 2005 13:26 PST
 
Try FXI on NYSE - http://www.etfconnect.com/select/fundpages/etf_funds.asp?MFID=136505

It is an exchange traded fund

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