I started to invest in chinese stocks in US less than a year ago. It was a coincidence because I am not from US and have just invested in Swedens and Chinas stock market before. But when I saw how undervalued the chinese stocks were, I just needed to start investing. Anyway since then I have been learning and tried a different chinese stocks and the ones I have left now is.
I also believe in CYOU but I think it is too early yet to invest. So far it has been an excellent investment these china stocks.
I am just curious which chinese stocks you have invested in because I think there are still many undervalued stocks out there?
I like ACTS. It trades at a negative enterprise value and management has been buying back as many shares as possible over the last couple of years. On the last two cc's they've mentioned doing a tender offer to buy back a bigger chunk of shares since the daily volume restricts how much they can purchase. The best thing about the company is it seems to be gaining good traction with its new product line of SOC's for the tablet market. The negative is every semi company in the world is targeting the same market so it's way too early to tell if they'll make any money from it. Regardless, the company is worth more than its current enterprise value of -$12 million.