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| Friday, September 05, 2008 23:49:50 |
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March 15, 2007
As the government promotes and encourages the development of new energy, industry analysts are showing some concern over the speed of the development, and fear the profitability of energy firms may create bubbles.
March 08, 2007
In mid February of 2007, Wonder Auto Technology (WATG.OB), announced record revenues and profits for its’ fourth quarter and fiscal year of 2006. Despite these results Wonder Auto has received limited attention from the investment community. It currently trades at a PE of 18 even though they are expecting profit growth to be in the neighborhood of 50% for 2007. For investors looking to get in on China’s booming auto market Wonder Auto is definitely worth a look. Amy Cheung of The China Perspective talks to Wonder Auto’s Chairman Qingjie Zhao about their current and future growth plans as well as the state of the Chinese auto market. February 09, 2007
In its 11th Five Year Plan, China has prioritized the development of alternative and clean energy, and overseas investors and multinational corporations are paying attention.
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