A daunting task for QDII & China Invest Co.

Reading Time: 2 minutes No. I’m not kidding. Big money (billions of dollars) usually is a good thing, but not easy if one wants to beat market return in a certain time. You can ask Charlie Munger (Berkshire’s vice chairman) and he will tell you Berkshire is going to make a (market+2%) annual return from now on, according to… Continue reading A daunting task for QDII & China Invest Co.

Chinese Citizen Can Buy Oversea ADRs

Reading Time: < 1 minute (Update) Here is a Chinese article explains more details. The minimum balance is RMB 300,000 to open an account inside China. Other restrictions apply. (Original) I was wondering why the Chinese ADRs all rose today. Although I heard the China central bank is allowing domestic bank buy oversea stocks through QDII. This MarketWatch article connected the… Continue reading Chinese Citizen Can Buy Oversea ADRs