Jpmorgan Chinese Investm... Share Discussion Threads

[nerja] 29/5/2008 10:27

Had a nibble yesterday hectorp, in jii, back near its lows of the year, so fingers crossed.

[hectorp] 29/5/2008 10:20

Some weakness here and on JII.. start to look attractive from a trading viewpoint. But US Markets if they tank further, will take the shine off.

[liyangnano] 09/5/2008 13:17

China's producer price index up 8.1% in April
(Xinhua)
Updated: 2008-05-09 11:13


The producer price index (PPI) for China's industrial products rose 8.1 percent in April over the same month last year, putting on more pressure on the nation's inflation rate, the National Bureau of Statistics said Friday.

The factory-gate prices of raw materials, fuel and power were up 11.8 percent.

The National Bureau of Statistics (NBS) said on Friday the rise in the PPI, which measures the value of finished products when they leave the factory, was only 2.4 percent as recently as August, indicating intensifying inflation pressure.

Li Xiaochao, spokesperson of the NBS, said higher ex-factory prices could lead to a rising CPI, as producers might seek to pass on their own rising costs to consumers.

China's CPI, a key measure of inflation, was up 8.3 percent in March, following an 8.7 percent rise in the previous month, according to the NBS.

China has set an annual CPI target of 4.8 percent this year.

Factory-gate prices of crude oil surged 37.9 percent in April over the same period last year, while gasoline was up 10.8 percent, diesel 10.2 percent and kerosene 11.7 percent.

The producer prices of raw coal jumped 20.9 percent and those of steel products rose between 24.9 percent and 41.1 percent.

The purchasing prices, or costs, of fuel and power rose 21.2 percent, ferrous metals 20.8 percent, non-ferrous metals 6,1 percent and chemical raw materials 4.2 percent.

The PPI for manufactured goods was up 7.2 percent in the first four months of this year, while the costs of raw materials, fuel and power rose 10.3 percent.

The price index of food, a major component of the consumer price index (CPI), was up 11.9 percent, exceeding that for garments (2.3 percent) and daily commodities (3.7 percent). The prices of consumer durables were down 0.5 percent, said the NBS.

[woracle] 02/5/2008 22:54

This has often traded at 10 - 15% premium to NAV..so nothing strange. China Mobile stll largest holding..they have been increasing lately it infact.

[igoe104] 02/5/2008 20:26

Looking at the companies latest largest investments, it looks like they have sold of their biggest holding china mobile.

[igoe104] 02/5/2008 20:15

Whats going on here, the share price is above the nav now, what a turnout over the last 6 weeks.

[woracle] 27/4/2008 22:57

Not as much as you think. Only 10% of the portfolio is actually shares priced in RMB. 65% linked to HK$, the rest TW$.

[gurp] 27/4/2008 22:45

yuan/sterling strength helping the recent rise & expected to continue (similarly yuan/$)

[hectorp] 24/4/2008 11:39

Its true the S is down 50% yet it rose very strongly to get where it was.
I dont think this is the end of the current set of downturns.
However I failed to buy recently and its had a bit of a bounce, so no hurry for me.

[tarvold] 24/4/2008 09:41

Subscription shares are traded on ticker JMCS.

[igoe104] 24/4/2008 09:13

IM glad i never panic, and sold these below £1, i believe this is a real winner in the near future.
looks like this is going up, on the stamp duty tax cuts.

[liyangnano] 22/4/2008 09:46

Re: Igoe104

can you add the charts of Hongkong Index and Taiwan market Index in the head of this board? thanks.

Maybe is it time to buy some JMC now?


China shares down 50% from peak

Chinese shares are worth half what they were in October

China's main share index, the Shanghai Composite Index, is trading 50% below the peak level reached in October 2007.

It ended the morning session at 3,022.6, which is 3% down on the day and less than half of its record close of 6,092.1, set on 16 October.

Concerns that government measures to control inflation could hit the profits of Chinese companies have been partly behind the drop.

The index had previously risen almost sixfold in two years.

The government has been taking steps to support share prices.

On Sunday, the China Securities Regulatory Commission announced restrictions on sales of certain shares.

Further measures are expected, including a possible reduction in the tax on share trading if the market keeps falling.

[nerja] 16/4/2008 08:17

Am i missing something, sub shares trading at 25p to 35p, no drop in the main shares, if so I have really horlicks up by not buying back in.

[igoe104] 14/4/2008 12:33

Anyway talking of chinese companies put sft in your watchlist, this could fly very soon.

[hectorp] 14/4/2008 10:45

I agree, but- I also suspect you'll be able to pick them up in the 90p range in a few more months.
I'm building holdings in RUS and DDC ( not Trusts however)
H.

[igoe104] 14/4/2008 09:28

IM going to keep investing into this fund for the next 20 years, i,d be surpised if this was under £15 a share by then, lots of ups and downs for me to come, but overall i know this will be a big winner over the coming years.

[igoe104] 14/4/2008 09:28

IM going to keep investing into this fund for the next 20 years, i,d be surpised if this was under £15 a share by then, lots of ups and downs for me to come, but overall i know this will be a big winner over the coming years.

[hectorp] 13/4/2008 11:08

I now prefer Trusts which avoid China directly, and invest in surrounding countries.

[igoe104] 03/4/2008 18:41

NICE little recovery, and still its 12.5p below its nav.

[mangal] 30/3/2008 22:33

JMC has now declared the 1:5 issue of subscription shares; becomes effective on 16 Apr.

[hectorp] 25/3/2008 19:33

True, but the world is not as it was a year back.

I'm not yet buying. But may do. Ignore me for the moment chaps.

[mangal] 25/3/2008 10:39

Hectorp, yes I expect the share price may drop but not by much.
BTW, the share price is back to where it was a year back.

[nerja] 25/3/2008 10:07

Hectorp, I see the way you are thinking, you could well be right, not sure what to do myself.

[hectorp] 25/3/2008 10:05

you'll get the 1 for 5 warrants then..
But I'd expect the share price to fall commensurately - yes?