whixh chinese tech stock is most promising?

Answer 1

My favorite is China Mobile. Here is why. A mobile phone is a status symbol. No self respecting Chinese who can afford one is going to be without one. And more Chinese are becoming self respecting every day. The company has been better than a gold mine since early last year. Heck. It even pays a decent dividend, Can you imagine?

Answer 2

Kingdee

No doubt China Mobile has a bright future ahead of it, but its growth profile is not as long as I would prefer. This is no knock against the company. I used to be an owner of China Mobile and it has done well. Here's my beef. People who can buy mobile phones tend to adopt phones quite quickly. Thereafter, you reach a point of saturation waiting for people to get rich enough to afford your service. Meanwhile, competition is getting more accute with China Unicom where China Mobile is losing market share.

Here's why I like Kingdee. The enterprise software space in China is the wild west. ERP/CRM and applications tend to be off-the-shelf applications from the west or home-grown ones that are not so good. However, the Chinese are now getting very good at doing their own software - which is designed specifically for the Chinese pictograph "alphabet", localized content and second-to-none in local distribution. All these former State-Owned-Enterprises are starting to push away from the old paper-and-pen and run-it-off-excel ERP systems and moving toward professional systems. Who got rich in the 1980/90s in the US? SBC, AT&T, Bell South, Verizon, Quest? Not bad, but look at Oracle, Peoplesoft, SAP, IBM, Microsoft, JD Edwards, Seibel. Also, I pick Kingdee because it's #2... small enough to be bought by the Oracle, SAP, IBM or Microsoft if they want to penetrate the Chinese market.

Answer 3

I like China Mobile as well, but this is a pretty big company that has already had a big run up. If you are interested in medical technology, then I think China Medical (CMED) might be a good investment. Here is a portfolio of chinese stocks that you might want to consider:

http://www.top10traders.com/ViewPortfolio.aspx?userID=7

This investor - china_investor - has been doing very well with this portfolio.

Here is an article on CMED:

http://www.top10traders.com/ViewPost.aspx?postID=111

These links are from http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Good luck!!