FYI: New Issues of Barclays' India ETN Halted http://news.morningstar.com/articlenet/article.aspx?id=319417
I trade the china market almost exclusively, and I'd say that the reason why you say 'why not' - is because the media and CNBC doesn't want the common investor to even know about it, they have a self interest in getting americans to buy US Stocks only. Fact is, most big speculators and hedge funds are so heavily in these foreign markets, that they are like the last frontier to 'get what you can before...'. It's a feeding frenzy to get the money and run. The markets are highly volatile, it's like they are on drugs, but if you learn the markets, I actually find them less risky than the US Market. FXI is a great starting point - it reflects the Hang Seng & Shanghai Index mostly. As the other guy said there is a Hong Kong index and Brazil one too. GXC is another china one, but the GXC is almost a mirror of the FXI. I would start with the FXI or GXC (FXI is more liquid). Pro Shares also released 200% levered FXI, long or short, I've been using these lately. China market already on drugs, try getting a double injection of heroine. Study it. Learn it. China will reward you in the end, you just have to have an open mind.
Here is a list of India and China ADRs/ETFs Regards, Suri INDIA ===== CTSH Cognizant Tech Solutions'A' EPI Wisdom Tree India Earnings HDB Hdfc Bank ADS IBN Icici Bank ADS IFN India Fund Inc IGTE iGate Corp IIF Morgan Stan India Inv Fd INFY Infosys Technologies ADS MTE Mahanagar Tel Nigam ADS PIN PwrShs India Portfolio PTI Patni Computer Systems Ltd ADR RDY Dr. Reddy's Labs ADS REDF Rediff.com India ADS SAY Satyam Computer Svcs ADS SIFY Sify Technologies Ltd ADS SYNT Syntel Inc TTM Tata Motors Ltd WIT Wipro Ltd ADS WNS WNS Holdings Limited CHINA ===== ACH Aluminum Corp Of China ADS ACTS Actions Semiconductor Co ADS AOB American Oriental Bioengineeri ASIA Asiainfo Holdings ASX Advanced Semiconductor Eng ADS ATV Acorn International Inc AUO AU Optronics ADS BIDU Baidu Inc BNSO(F) Bonso Electronics Intl CAAS China Automotive Sys Inc CBAK China BAK Battery Inc CEA China Eastern Airlines ADS CEO CNOOC Ltd ADS CHA China Telecom ADS CHINA CDC Corporation Class A CHL China Mobile Limited CHT Chunghwa Telecom Co Ltd ADS CHU China Unicom ADS CMED China Medical Technologies ADS CNTF China TechFaith Wireless Comm COGO Cogo Group Inc CPSL China Precision Steel Inc CSIQ Canadian Solar Inc CSUN China Sunenergy Co Ltd CTDC China Tech Development Group CTEL City Telecom(H.K.)ADS CTRP Ctrip.com Intl CYD China Yuchai Intl DSWL Deswell Industries EDU Oriental Educ & Tech Group EFUT e-Future Info Technology Inc FFHL Fuwei Films Co FMCN Focus Media Holding Spon ADR FXI iShares FTSE/Xinhua China 25 GAI Global-Tech Advance Innovation GIGM Gigamedia Ltd GRRF China Grentech Corp GSH Guangshen Railway ADS HIHO Highway Holdings HMIN Home Inns & Hotels Management HNP Huaneng Power Intl ADS HRAY Hurray! Holding Co Ltd HRBN Harbin Electric Inc HTX Hutchison Telecom Intl Ltd JADE LJ Intl JASO JA Solar Holdings Co Ltd JOBS 51job Inc JRJC China Finance Online Ltd ADS JST Jinpan Intl KONG KongZhong Corp ADS LDK LDK Solar Co Ltd LFC China Life Insurance ADS LONG eLong Inc ADS LTON LinkTone Ltd. ADS MPEL Melco Crown Entertainment Ltd MR Mindray Medical Intl Limited NCTY The9 Limited ADS NINE Ninetowns Internet Technology NTE Nam Tai Electronics NTES Netease.com Inc Ads NWD New Dragon Asia'A' PTR Petrochina Co Ltd ADR PWRD Perfect World Co Ltd QXM QIAO XING Mobile Communication SCR SIMCERE PHARMACEUTICAL GRP SEED Origin Agritech Ltd SHI Sinopec Shanghai Petrochem ADS SMI SMIC SNDA Shanda Interactive Entertainmt SNP China Petro & Chem Corp SOHU Sohu.com Inc SOLF Solarfun Power Holdings Co Ltd SORL SORL Auto Parts Inc SPIL Siliconware Precision ADS SPRD Spreadtrum Communications Inc SSRX 3SBio Inc STP Suntech Power Holdings Co Ltd SVA Sinovac Biotech TBV Tiens Biotech Group USA TCM TONGJITANG CHINESE MED CO TOMO TomoTherapy Inc TSL Trina Solar Ltd TSM Taiwan Semiconductor Mfg ADS TSTC Telestone Technologies Corp UMC United Microelectronics ADS UTSI UTStarcom Inc VIMC Vimicro International Corp ADS XING Qiao Xing Universal Tel YGE Yingli Energy Hoding Co Ltd YZC Yanzhou Coal Mining ADS ZNH China Southern Airlines'H'ADS
Thanks Bear Plunger....... So, are you saying that you do the Proshares of FXI (whatever the symbol is - I can search it) and do short term trading on it? Are you doing the individual Chinese ADRs also? It seems that there is quite a dual play with these two, and I am just procrastinating doing this play even though I know that the potential is great. Can you share any portion of your strategy since you have studied this market more than I have? Do you use technicals only for short term trade or use a combination of Shanghai Index and technicals on the Proshares of FXI? Please share what you can, and as much as you can to help us newbies. Thanks. Kenny
Thanks Suri. Do you play the Chinese ADRs and ETFs? You are a master at the technicals and can guide a few of us well. I have been to your site also. Can you please suggest the best way to play 'growing and bullish' markets of Asia? Any suggestion from you would be highly appreciated and greatly welcomed. Thanks. Kenny
Hi Kenny, Thanks for your post. I trade India/China's stocks on the U.S. exchanges similar way to any U.S. stocks using Sector analysis and few specific Chart Patterns... Not all ADRs, but many have good liquidity/volatility and easily tradable on the U.S. exchanges. I do trade both India/China stocks but tend to like India's ADRs since I am familiar with the companies and how they trade in India's markets and its easy access to the information. Regards, Suri
There is no particular site but I keep searching for updates on his moves and get his news. It is pretty public, but no single site. Even his MF site does not post it regularly. Kenny
Marc Faber Warns Of Up To 30 Percent Correction In Indian Stocks Posted: 18 Dec 2009 06:11 AM PST Well-known investment adviser Marc Faber is warning that Indian stocks may experience a significant correction. Bloomberg⤙s Rajhkumar K. Shaaw wrote yesterday: Indian stocks may fall as much as 30 percent after the benchmark index more than doubled from the year⤙s low in March, investor Marc Faber said. ⤽Valuations are not as cheap as they used to be; a 20 to 30 percent correction won⤙t be unusual,⤝ Faber, publisher of the Gloom, Boom & Doom Report, said in a press conference in Mumbai today. ⤽The markets don⤙t keep going up in a straight line.⤝ He didn⤙t specify a time frame for the decline⤦ Faber said he remains upbeat about the long-term potential for India as consumption rises in the world⤙s second-most populous nation. Banks, infrastructure and mining stocks are among industries he favors, he said. ⤽Even if interest rates go up somewhat, it won⤙t be disastrous for Indian stocks,⤝ he said. ⤽In the long-term, it remains very attractive because of the domestic consumption play.⤝ Bombay Stock Exchange Source: ⤽Indian Stocks May Fall 30% on Valuation, Faber Says (Update1)⤝ Rajhkumar K. Shaaw Bloomberg, December 17, 2009 Mark Mobius Predicts 20 Percent Correction In Global Markets Posted: 18 Dec 2009 05:55 AM PST Emerging markets veteran Mark Mobius told CNBC-TV18 (India) that he⤙s expecting a significant correction in the world⤙s financial markets. From CNBC⤙s Moneycontrol.com this morning: Executive Chairman of Templeton Asset Management, Mark Mobius expects a 20% correction in global markets. ⤽That⤙s the kind of correction that we would expect in the bullish environment we’ve had for almost one year now. So, 20% should not be surprising. I was thinking this to be a buy situation resulting in a global 20% correction but it hasn’t happened yet. However, I think we may see that. Of course on an individual market level it can happen. China has already corrected by that much. So that could certainly happen.⤝ Mobius, who has more than 40 years of experience in emerging markets, also talked about the long-term prospects of China and India. From the piece: Bullish on China and India, Mobius said, ⤽From a longer term perspective we are still quite bullish on both China and India. The growth rates are very high, inflation is low, money supply as you know globally still very high.⤝ Source: ⤽20% correction in global mkts likely: Mark Mobius⤝ Moneycontrol.com (India), December 18, 2009