China is back in business. This means that we should be buying commodities like copper, oil, gold. Another way to play the Chinese market is to buy Chinese internet companies like KWEB.
China is pretty undervalued at a P/E of 13.7 compared to the U.S. stock market at a P/E of 24.
Another way to play China is to buy Fufeng group which is specialized in MSG and trades at P/E of 5 and has a 6% dividend.
The MSG price has gone down due to production increases, but people will still have demand for it.
The MSG market can still grow outside China.
China is urbanizing with 1.5 billion people, who all want to be connected to the internet.
Another way to play China is to buy Fufeng group which is specialized in MSG and trades at P/E of 5 and has a 6% dividend.
The MSG price has gone down due to production increases, but people will still have demand for it.
The MSG market can still grow outside China.
The average sale price of MSG for Fufeng group is currently around 5500 RMB per tonne.
Fufeng also produces xanthan gum, which is in an up cycle.
Geen opmerkingen:
Een reactie posten