Once again Tony Measor, described as "the Warren Buffett of the East",
picks up his pen and gives invaluable insight into steadily accumulating wealth through stock market investment, this time in China.

Perhaps the best advocates for Tony's investment principles are the numerous shareholders who have followed his advice and prospered; he is in fact a player himself, with an enviable portfolio. The investment portfolio in his columns for a popular weekly, Next Magazine, in Hong Kong has grown by 530% since 1999. The Chinese Edition of his previous book, Invest to Last: 10 Timeless Principles, ranked No.1 Bestselling Title of the Year 2006 in Hong Kong.

In this new book, Tony takes us into the new and exciting world of China equities. He shows his selection of best sectors and growth shares to invest in China, covering the negative impact of new accounting principles, key elements of evaluating Chinese stocks and the balance of dividends and growth; investors can easily follow his guide to build a fantastic portfolio and get their plentiful reward.

China is a world full of promise, while at the same time a world beset with hidden dangers. Tony reminds investors to beware of government intervention and the possible incompetence of management, and he teaches what preventive measures to take.

Let Tony be our guide. He has a nose for sensing the most profitable, and the safest, road to take.

Table of Content

PREFACE

INTRODUCTION: PLUS CA CHANGE...!

CHAPTER 1 CHINA, an Oriental Oasis

- The Stock Market Begins Another Cycle
- Five Years of Orderly Progress
- Shanghai Will Be Top Dog
- China Is on the Ascendance
- The Bull Will Always Beat the Bear

CHAPTER 2 PICK THE BEST INVESTMENT SECTORS

- Chinese Banks Are a Must
- A Good Weapon Against Inflation
- The Power of Domestic Service
- Cautiously Buy into Insurance

CHAPTER 3 UNDERSTAND THE NEW GAME RULES

- The New Accounting Principles
- Provision ≠ Loss
- Making Sense of Ping An And China Life
- Exaggerate Losses in Property Shares
- Chinese Banks' Cloudy Day
- HSBC's Confusing Balance Sheet

CHAPTER 4 EVALUATE EACH INDIVIDUAL SHARE

- Knowing What Questions to Ask
- Three Steps to Minimize Risks
- Look at Real Profits
- Evaluate the Company Not the Share
- Where Is the Bottom ?

CHAPTER 5 USE NAV TO ASSESS POTENTIAL

- Chinese Property Shares
- NAV Sorts Out China Banks
- The Fickle Nature of the Internet

CHAPTER 6 LOOK FOR DIVIDENDS AND HIGH GROWTH

- Compare P/E Ratios Rather Than Dividends
- Equity Returns: Who Wants Bonds?
- The Importance of Sustained Dividends
- Dividends Mitigate Stock Losses
- Lower Yields Can Pay in the Long Run

CHAPTER 7 BEWARE THE MANAGED ECONOMY

- Government And Company Policy
- Living on Big Brother's Charity
- A Callow Market
- Eclipsed Red Chips
- The Huiyuan Bid

CHAPTER 8 KEEP AWAY FROM THESE STOCKS

- Chinese Big Birds
- Avoid the Gambling Industry
- Industrials Ventures
- The Dangers of Mining a Wasting
- Penny Stocks Are a Gamble
- Anything Can Happen with Small Caps
- Say ‘No' to IPOs

CHAPTER10 HOW TO MANAGE YOUR PORTFOLIO

- Building a Diamond Portfolio
- Lazy Way to Invest in China
- Not a Fan of US Dollars
- RMB Deposits, or Buy RMB Shares
- Play in Sands Casino
- In Defence of Dollar Cost Purchases

AFTERWORD

Described as the "Warren Buffett of the East", Tony Measor has over 50 years' experience investing in Hong Kong, London and the Asia Pacific Region. He has been a member of the committee of the stock exchanges of Malaysia and Singapore and a successful fund manager in Hong Kong. The Hong Kong stock fund he managed was ranked No.1 in 1987 and 1988, before and after the market crash.

Tony was the Chief Editor of the financial website Quamnet before he retired. He runs a regular column in Quamnet, with a strong and wide subscription. He also writes for a popular weekly, Next Magazine, in Hong Kong. The investment portfolio in his columns has grown by 530% since 1999. The Chinese Edition of his previous book, Invest to Last: 10 Timeless Principles, ranked No.1 Bestselling Title of the Year 2006 in Hong Kong.