Monday, December 27, 2010
Buffett Charity China trip: what stocks turn fancy A shares?.
<P> At the end of this month Bank of China 盖茨巴菲特 charitable activities, is expected to have 8-9 days of trips. .During this time, Bill Gates and Warren Buffett, in addition to attending for the first time held in China together with China's richest charity, will also visit Warren Buffett of business investment projects in China. .It is reported that involves inspection and investment tour in Beijing, Shanghai and Guangdong. .</ P> <P> If there is no accident, in addition to 4-day trip in Beijing, the two will go to Guangdong to visit, informed sources, the trip may be related to Buffett's investment projects in the past, including "inspection to find .circumstances, continue to deepen the investment. " .</ P> <P> It is understood that Warren Buffett and Bill Gates's visit, originally planned for March this year, because the reasons for delayed travel arrangements now. .80% visit travel related to two projects in China, including Warren Buffett and the Gates investment in China in cooperation with the Chinese feasibility study on vaccine research and development health surveys. .</ P> <P> Gates retired in 2007, philanthropy, in addition to care about Africa, Southeast Asia and other quality of life of people in poor areas, the remaining time and investment are still concerned about the development of new energy sources. .As a close friend of Gates, Buffett started to invest in the energy sector has long been, Buffett's investments in China, including oil, BYD, and other enterprises, the development of new energy technologies which also brought a roll of its profits .. .</ P> <P> 2009 first quarter loss of Buffett's investment of about 15.3 billion U.S. dollars. .But then in the diamond, luxury, and investment in the entertainment industry, so Buffett in 2010 to achieve a profit rebound. .Now, Warren has accumulated 40 years of investment more towards the direction of energy, electricity and consumer goods. .</ P> <P> comb Buffett investment in China several times found that although Buffett has long started to pay attention to China, but between the Chinese A-share market trading exclusively for domestic investors, B shares is too small .Therefore, Buffett's investment real foot on Chinese soil, it was in 2002, 8 years ago, Buffett select H shares to enter. .</ P> <P> 2002 onwards, Warren Buffett's Berkshire. Hathaway, 1.65 per share, has invested 488 million Hong Kong dollars, the purchase H shares of 13% of the oil stock as its first .three shareholders. .After six months, several times in the oil skyrocketed. .Mid-2007, 7, return to the oil chosen from H shares A-share market, this time, Buffett began to sell for many times in 12 dollar per share when the selling is complete, Buffett, after 3.5 billion profit withdraw. .</ P> <P> then, Buffett began to make another investment in China is also known as Warren Buffett's first direct investment in China. .</ P> <P> 2007 年 10 months, Buffett's investment in the Israeli Association for the cutting tool company, invested $ 27,850,000 set up metal-cutting IMC International (Dalian) Co., Ltd., the company was positioned to provide high-quality cutting .tools, to become Asia's largest aerospace and automotive special tool production base..
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