📄 Extracted Text (204 words)
I think it is a relatively safe bet rmb will rise 5/7% per annum vs. USD.
I am thinking well leased office building and shopping mall.
Desmond Shum
If 2011-9-17 , 9:44 , "Jeffrey Epstein" <[email protected]> 3N :
currency risk? businesses are too complicated , leveraged securitties seem tomake
more sense
2011/9/16 Desmond shum <E >
With US interest rate at such low level and Ina sustained way. How to do a carry
trade - borrow in US and invest in China? Buy a leveragable business?
China is in for a period of credit squeeze. There are stable yield asset for purchase. I
thought this is an interesting opportunity.
Your thought?
Desmond Shum
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