Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

China outproduces South Africa

by Tony Sagami on May 7, 2008

in Asian Market, Investing in Gold Stock, Stock Market in China

When you think of gold mining, most people think of
South Africa. But did you know that China passed South Africa and is now the largest producer of gold in the world?

fever 13 1 rockr China outproduces South Africa
There are five publicly traded Chinese gold companies,
none of which trade  on any U.S. stock exchanges:

Zinjin
Jiangxi
Yunan Copper (don’t let the name fool you)
Zhongin
Shandong Gold

Jiangxi, Yunan, Zhongin, and Shandong all trade on mainland China exchanges and are therefore ‘off limits’ to U.S. investors. Zinjin (28899.HK) does
trade on the Hong Kong exchange and could be purchased by U.S. investors.

Leave a Comment

I agree to the Terms and Conditions of this Website.

Previous post:

Next post: