I'm spreading the word about this stock because I've exhausted myself
looking for a low-risk, legitimate Chinese investment & figure a lot
of others are as well.  Check out CHCG for yourself.  I feel I need to
be invested in China because the growth prospects in the U.S. will be
limited for 2008 due to the housing situation.  I own this stock, and
here's the reason:

- over $300 million in revenue expected in 2007 (had $148 million last
year)
- $0.50 per share expected in 2007
- signed an agreement with Best Buy in June
- plans to list its shares on the Nasdaq by the end of 2007
- trading at $5.35 per share; P/E ratio is 11x 2007 earnings

I couldn't believe it when I found it.  I bailed on ORS (also with
excellent growth potential) to buy this one.  I'm done for the year --
will just sit back & profit until I feel the stock is overvalued (in
the $30's, $40's?).

Check out the company's website for yourself: http://www.china3cgroup.com.
The reason (presumably) it's trading at such a low multiple is that
it's an OTC stock.  When it lists on the Nasdaq, look out.