Trading Chinese stocks
Now I've the software to analyze and trade Chinese stocks, I'll look at the possibility to scan and trade Chinese stocks at night.
This is the place I got the software. My brother and friends have accounts with them.
http://www.bhzq.com/Service/default.aspx?skins=softdownload
Most Chinese stocks are NOT allowed to daytrade. If you bought it today, you have to hold it overnight or several days, you cannot sell it right away, they called it 0+1 or 0+7 stocks. However, trading stock warrants are not subjected to this restriction. I might look at the stock warrants to trade, there are a handful of stock warrants in Chinese stock market, not many. No stock options.
Another strange rule is they would stop trading a stock if it drops or gains too much for a day (10 or 12%).
Even though the Chinese stock market was hot, I still think the U.S. market is where to trade. You got 7:1 $ to Yuan Exchange ratio, for every dollar you gain, you could exchange it for 7+ Yuan, you can also trade stocks in margin, that's another leverage. No margin trading in China.
