This section of GG used to be filled to the gills with worthless Chinese junk microcap stocks but it looks like all of those stock pumpers have left the building....so since I am contrarian, I simply post a Chinese smallcap to read about.....I don't reccomend stocks to others and I try avoiding pumping stocks.If anyone invests in this one, I would go in knowing microcaps seem very risky to me and Chinese microcaps seem extra-ordinarily risky..so, I would go in knowing the risks and total loss of capital seems to be definetely one of those risks and that risk seems substantially higher than one would have with a US based company.....If one wanted safer Chinese exposure CNOOC or the larger cap plays might offer more consistent and/or more reliable growth:"Jim Cramer, arguably the most famous American financial commentator, has been bearish on China and Chinese stocks for many years and finally turned bullish on the (FXI) China ETF.To play it, Cramer doesn't recommend investing directly in individual Chinese companies, but rather the iShares FTSE China 25 Index Fund,(FXI) exchange-traded fund. The FXI owns a basket of what Cramer considers "the highest quality Chinese companies," including oil and gas companies such as CNOOC (CEO) and PetroChina (PTR). Most investors know the biggest three Chinese oil companies: PetroChina, CNOOC and China Petroleum & Chemical Corp. (SNP). These three companies are well-known to investors and are worthy to look at for the long run.An other interesting oil company which should be mentioned is Longwei Petroleum Investment Holding (LPH). This company is widely followed by retail investors in the U.S. and Europe. It is an undervalued Chinese oil company that trades at a significant discount to the big three.Recent economic indicators show that the Chinese economy has stabilized and expects higher growth in the fourth quarter of 2012: "Now is a critical point for the country's industrial economy. Positive factors are accumulating," said Zhu Hongren, Chief Engineer of the Ministry of Industry and Information Technology. The PRC also surpassed the United States as the world's largest recipient of global foreign direct investment in the first half of 2012, showing that global investors have confidence in the world's second-largest economy. China Daily (October 26, 2012)."cont'dhttp://seekingalpha.com/article/1017321-chinese-oil-sector-o...
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