Sunday, August 12, 2007

Bought big positions in Baidu (BIDU)

Bought almost a 50% position in my portfolio of Baidu (BIDU) and doubled the position to 10% in a client portfolio. I expect gains of at least 50% next year in both China Life Insurance (LFC) and BIDU.

"Baidu.com, Inc. provides Chinese language Internet search services. Its services enable users to find relevant information online, including Web pages, news, images, and multimedia files through its Web site links."

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