Hanwei Energy Services Corp. (HE.TO)

Generally not a fan of the Chinese inter-listed companies. He has a Short position in this one. There are better places to be.

Experts in fibre composites and build oil pipelines and wind turbines. Fture for them is actually pollution control in coal to mitigate sulphur dioxide. Moving aggressively into wind and have started to ship wind turbines. Good outlook. Seemed to be well tapped into the Chinese market. Some risk but not a bad way to participate in China.

Hanfeng Evergreen (HF-T), Hanwei Energy (HE-T) and Migao (MGO-T) are interesting plays into China. Have been crushed but give direct exposure to what he expects will be the strongest currency over the next 25 years. You are buying them with multiples of earnings (not cash flows) that are unbelievably low. Wants to look at these more closely and would be buying if he had more time.