China Stocks

If I was a lazy American reporter in Beijing looking to do a business story about a tech company whose shares trade in the US I wouldn’t want to travel far, instead I would look at Beijing based companies. It wouldn’t take long to find shares of Perfect World Inc (PWRD), a company which designs 3D video games, that would be a good human interest story about the modernization/innovation in China.

If I was a lazy American investor looking to profit from the Olympics hype I would probably buy the stock as I sit on my couch listening to a story about the company. That lazy investor will probably buy his shares from me, I am long now. Anticipate the anticipators. This stock could get going nicely above 28.00. Do your own research and control risk.