Wednesday, December 03rd, 2008

Hot Topics : Why You Must Own Gold | Commercial Real Estate Doom | The Greater Depression | Thanksgiving Turkeys

Posts Tagged ‘ Chinese Currency ’

‘Chimerica’ Stocks: How to Profit

May 1st, 2008 | By Contrarian Profits | Category: Featured, Financial News

‘Chimerica’ stocks and how to profit from companies that do their business in China has been creating a huge amount of buzz on the internet since investment guru Tom Dyson at Daily Wealth started to write about the subject.

“Chimerica stocks are Chinese companies,” says Tom. “They do business in China, with Chinese management, Chinese employees, and Chinese currency. They make products for Chinese consumers.

The key is that these Chinese companies list on US stock exchanges.



$500,000 for 27 Bottles of Plonk

Apr 21st, 2008 | By Contrarian Profits | Category: Featured, Financial News, International Investing

It’s the highest price ever paid for a single lot of wine, reports Reuters.

The buyer? An anonymous Chinese billionaire.

According to the report: “The anonymous Chinese entrepreneur bought a mix of vintages of Romanee Conti, a Burgundy wine and considered to be among the world’s most exclusive with only 450 cases produced each year.”

China is booming, despite the recent sell-off of Chinese stocks, but how do US investors profit from the China story without getting burnt?



Renminbi Hits New Record

Apr 10th, 2008 | By Contrarian Profits | Category: Featured, Financial News, International Investing

While communist China is busy smashing protests in occupied Tibet, the country’s currency, the renminbi, is making record gains agains the US dollar.