Chinese stocks scare the hell out of me because of fear of gov't interference. I wanted in at BIDU around 90 last year but my fear has cost me more than a double.
i agree with the obvious: chinese stocks have been super hot, and possibly, overvalued; and i agree that government edicts can change things, but i still feel there are gr8 values in shanghai; hong kong; and taiwan..
Up 6 bucks a share at $48.27 as I type this. They have the largest market share in China and all the sets will be switched from analog to digital by 2015. Super growth here!
Hold off until the Chinese central bank raises interest rates and more people take profits, then get in. This goes for all chinese stocks -- should see a little bit of a correction sometime in the next week until the announcement.