ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S.

Hi Blue,

Ya, you might be right. If i managed to recall where i read the article, i will repost.

Thanks.

(10-02-2016, 10:43 AM)alex Wrote: [ -> ]Hi Blue,

Ya, you might be right. If i managed to recall where i read the article, i will repost.

Thanks.

From this http://www.nationaldebtclocks.org/debtclock/china, the debt is 65% of GDP. Which data is correct and how to measure apple to an apple? Anyway, I don't believe data from Journalists regardless whether they are from Business Insider, Bloomberg or others? Media are tools for rich people/countries to manipulate and create the environment for them to short or long.

(10-02-2016, 02:10 PM)FA+TA Wrote: [ -> ]

(10-02-2016, 10:43 AM)alex Wrote: [ -> ]Hi Blue,

Ya, you might be right. If i managed to recall where i read the article, i will repost.

Thanks.

From this http://www.nationaldebtclocks.org/debtclock/china, the debt is 65% of GDP. Which data is correct and how to measure apple to an apple? Anyway, I don't believe data from Journalists regardless whether they are from Business Insider, Bloomberg or others? Media are tools for rich people/countries to manipulate and create the environment for them to short or long.

I reckon, the confusion is on the definition of the "debt". Total debt (including private and public debts) is more than 2x of GDP. Public debt, probably is less than 1x. Both can be right 

In the link posted, we need to pay more attention to the "debt" definition below the number.

which debt should we be more concerned about? Any insights to share?

1. Local govt debts
2. NPL for banks
3. Corporate debts

Anything else?

Mr. Mobius view on HK-listed China stocks. For those not familiar with the market, ETFs seems a good choice...

Mobius says China's irrational stock market is creating bargains
16 Feb 2016 00:27
[HONG KONG] When Mark Mobius looks at the wreckage of Chinese stocks traded in Hong Kong, he sees bargains.

The Hang Seng China Enterprises Index plunged 49 per cent from its May high through last week, sending valuations to record lows, as concern over China's economic slowdown and heavy-handed state intervention in mainland financial markets spurred outflows.

"The Chinese market has been reacting irrationally and rather violently, possibly due to heightened speculation derived from the government's actions to influence the market," said Mobius, the Franklin Resources Inc money manager who's been investing in emerging markets for more than four decades.
...
BLOOMBERG

Source: Business Times Breaking News

(16-02-2016, 10:32 AM)CityFarmer Wrote: [ -> ]Mr. Mobius view on HK-listed China stocks. For those not familiar with the market, ETFs seems a good choice...

Mobius says China's irrational stock market is creating bargains
16 Feb 2016 00:27
[HONG KONG] When Mark Mobius looks at the wreckage of Chinese stocks traded in Hong Kong, he sees bargains.

The Hang Seng China Enterprises Index plunged 49 per cent from its May high through last week, sending valuations to record lows, as concern over China's economic slowdown and heavy-handed state intervention in mainland financial markets spurred outflows.

"The Chinese market has been reacting irrationally and rather violently, possibly due to heightened speculation derived from the government's actions to influence the market," said Mobius, the Franklin Resources Inc money manager who's been investing in emerging markets for more than four decades.
...
BLOOMBERG

Source: Business Times Breaking News

Some utilities stocks, like Huadian (1071), China Resources Power (836) are trading at about 5x pe and below book value.

Huadian fuxin (816.hk) trades at below 0.7x pbv and below 5.x pe

Maybe mobius is colleting these stocks ... who knows ..

Transcript: Zhou Xiaochuan Interview
http://english.caixin.com/2016-02-15/100909181.html

Ha-ha talk like everything is so good then let the yuan devalue again today.

Sent from my MotoG3 using Tapatalk

Kepland's china inventory of housing stocks is quite a good indication of the situation. Yoy, Kepland has launched out more residential units than what it has sold, resulting in a higher no of "remaining units/area for sale". Of course, mgmt being mgmt will say it is more promising as perceived.