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Why China’s Is Such a Big Deal For Investors – Money Morning

This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

If you think Inc. (Nasdaq: AMZN) will do a booming business on Cyber Monday this year, consider that Chinese shoppers will spend more money today with that country’s top e-commerce website, Ltd., than American shoppers will spend on Black Friday and Cyber Monday combined.

The reason is that Nov. 11 is China’s “Singles Day,” a manufactured holiday similar to Valentine’s Day in the U.S. was the topic this morning (Monday) as Money Morning Chief Investment Strategist Keith Fitz-Gerald joined Stuart Varney on FOX Business “Varney & Co.”

If sounds familiar to American ears, it may be because Yahoo! Inc. (Nasdaq: YHOO) owns 24% of that company and stands to gain from its continued dominance of the Chinese e-commerce market.

What’s more, American investors will soon be able to buy a piece of the company for themselves, as both the New York Stock Exchange and Nasdaq are said to be competing for a U.S. initial public offering expected to take place in 2014.

In the video below, Keith talks about why U.S. investors should keep a close eye on



In case you missed it, here’s what Keith thinks of the Twitter IPO.

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