In 2009, many of my most successful trades as well as my top pick from the stock picks competition were Chinese tech stocks and after a difficult 2010 year for most of the Chinese market, I think it might be a good time to consider opening a new trade. What would that be? Quite simply betting on China’s Internet leaders and going short on the U.S. ones. The reality is that I do think U.S. tech stocks like Google (GOOG) will do very well over time but I do expect Chinese competitors to do even better.
Why Chinese stocks?
As I’ve said, this is not so much about being negative about U.S. stocks, very far from it but rather about these companies being in a very specific and favorable climate. Here are the main reasons.…
Internet population
No doubt, as the largest population in the world with over 1 billion
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