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Qihoo 360 Technology Co. Ltd. Message Board

  • tianyiinvest2013 tianyiinvest2013 Jan 16, 2014 11:08 PM Flag

    be aware of huge risk of financial crisis in china

    On Jan 31, we might witness for the first time investors lose all their money in a 4 billion trust fund that invested in coal. It might be the start of the melt down of china's hundreds of billions investment in similar trust funds. If that did happen, this might become china's version of the burst of the subprime bubble.

    so I tend to stay away from all china stocks before everything settles down on Jan 31, which happens to be the first day of china's lunar new year, the spring festival...

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    • Yes and that is one reason i remain so sceptical today in Chinese stocks and QIHU. Lets walk back to last year. First half of 2013 was if I recall a slower China and by the second half China looked like it was growing again. Now today all the news out of China is negative, a slow down. Rates are rising to slow inflation. Now none of these things in my opinion will impact internet growth but the investor psychology is another much more real and scary reality.

      Sentiment: Hold

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