Although there are a few exceptions here and there, it seems safe to say that American investors' indiscriminate obsession with all things China is long past. A spate of accounting scandals reminded investors of the
corporate governance risks, while inconsistent (if not outright disappointing) performance dispelled the fantasy that anything Chinese was synonymous with instant growth.
SORL Auto Parts (Nasdaq:
SORL) saw both the rise and fall of that love affair.
This Chinese commercial brake company saw the occasional run on its shares on the back of breathless "China will change everything" nonsense, but the stock has since come down significantly, as
retail investors got bored and issues within the Chinese economy slowed growth. Here and now, though, this may be the sort of obscure stock that patient investors want to check out more thoroughly.
Read more here:
http://stocks.investopedia.com/stock-analysis/2012/Should-Investors-Brake-For-SORL-Auto-Parts-SORL-FDML-HON-TRW0404.aspx
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