The companys based in china listed on the ASX have not done very well so far.....probably because the investors in OZ can not readly see the stores or plants and must rely on announcements.....dont see much advertising in the OZ based papers or on TV......
Therefore they must take a leap of trust or faith......in what the companys are doing in china..
From tomorrow a chines investor who wants to invest outside of china has the regulations and rules loosend to enable them to do so....
The first thing I recon some of these chines investors will do is to look at the china based ASX companys to see if they are anygood.....being in china they will know more about them than the OZ investors...
So whilst there are no guarantees.....there could be an opportunity in these companys going forward.....imo
Of all the chinese based companys SBB is the only one in an uptread currently with an announcement due in a few weeks..
Nice timing...
Dyor
SBB Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
