China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[GorillaGorilla]

One potential issue lurking for me is the question of when the Chinese government may decide they'd like to own CKGT.

Absolutely no way. The affect of nationalisation or other grabbing methods leads to investor flight. It would destroy the stock market as assuredly as it did when Argentina got frisky or Venezualia got heavy handed. Nationalisation, in whatever manner, would be a catlcalismic event - their leaders are too savey to make that mistake.

The chinese are pro-business. Their main problem is they are not fair with multinationals and that will have to change sooner or later. They need strong companies that can punch their weight on an International stage. Most state funded companies are inefficently run relying on soft loans from banks. While that's great for employment they can't take on multinationals - China needs efficient non-state companies to take on the world.


Although there are some state-owned companies that do well (NEP comes to mind...)

NEP is not state owned perhaps you are thinking of CEO?

NEP is the first Chinese non-state-owned oil company trading on the NYSE Amex[1]

rich

[1] http://www.cnepetroleum.com/