Although Chinese stocks climbed 340% higher between January 2005 and October 2007, they plummeted about 60% by October 2008 (and haven’t experienced an extended rally since).
Indeed, Louis Basenese has been pretty bearish on China’s prospects for a while now.
But as he’ll report on Wednesday, it appears that a rebound is developing.
He’s not alone, either. A recent poll conducted by Reuters shows that investors expect to pocket 17% this year in China.
Those who want to test the waters in Chinese stocks, though, should be aware of the risks outlined in the following video…