The World's Top Hedge Fund Now Agrees With Steve on China

The Weekend Edition is pulled from the daily Stansberry Digest.


Regular DailyWealth readers know Chinese stocks are booming...

After dramatically underperforming their U.S. counterparts for most of last year, they have once again been leading to the upside through the first four months of 2019.

The benchmark Shanghai Composite Index is up around 25% so far this year, outpacing U.S. stocks. The S&P 500 Index is up roughly 18% in that span.

Our colleague Steve Sjuggerud expects this strength to continue...

As you know, no one in our industry has been a more vocal China bull than Steve over the past few years. And as he often says, when Chinese stocks get going, they really get going. As he explained on April 4...

China isn't like other markets. It doesn't work by the same "rules."

If you look at the chart below, you'll see why. It shows that – five separate times – Chinese stocks have delivered triple-digit percentage gains within 24 months. Take a look...

The world's most successful hedge fund is also super bullish on Chinese stocks today...

In a recent interview with Business Insider, Karen Karniol-Tambour – head of investment research at Ray Dalio's Bridgewater Associates – said few opportunities are more compelling for U.S. investors than China right now.

Why? In short, as regular readers know, a landmark decision by global index provider MSCI will cause up to $2 trillion to flow into domestic Chinese stocks over the next several years.

As a result, these stocks – known as "A-shares" – are likely to soar, almost regardless of whatever else is going on in China or the global economy. (Of course, Steve says there are plenty of other bullish catalysts, too.) And Americans now have the rare chance to buy one of the world's biggest and most dynamic markets for the first time...

"The thing that makes this opportunity so compelling is that, for many investors, this a market that essentially didn't exist," Karniol-Tambour said. "If you believe in diversification, you're not going to get a lot of opportunities where such a large market opens up."

If this sounds familiar, it should...

Steve has been practically begging readers to put some money into Chinese stocks for several years now.

He has written dozens and dozens of essays. He even launched a service – True Wealth Opportunities: China – dedicated entirely to Chinese stocks.

Subscribers who have followed his advice have done incredibly well so far... and Steve expects they'll do even better in the years ahead.

Unfortunately, not everyone has taken advantage of this opportunity...

You see, despite Steve's best efforts, the vast majority of our Stansberry Research readers remained unconvinced.

Despite his detailed reports on China's extraordinary transformation, most folks still saw it as little more than a third-world communist nation responsible for cheap T-shirts and crappy electronics.

Then, Steve had an idea...

A couple years ago, he started personally taking subscribers over to China to see it all for themselves.

He has now organized a handful of these trips. And without exception, they've been a huge success. Everyone who has gone with him – both subscribers and Stansberry Research staff alike – has been blown away by what they've seen. They finally "get it."

Of course, there was just one problem with this approach...

There was simply no way he could possibly bring all of Stansberry Research's half a million subscribers to China with him.

So recently, Steve decided to try something else... If he couldn't bring all our subscribers to China, maybe he could bring China to them.

That idea led a group of us to visit New York City last week...

If you happened to be watching one of the financial-news networks around 4 p.m. Eastern time on April 16, you would've seen one reason why we made this trip...

Yes, that's Steve ringing the closing bell on the floor of the New York Stock Exchange ("NYSE").

We – and several dozen of our lifetime Stansberry Alliance subscribers – were there to celebrate a wonderful occasion with the folks at Krane Funds Advisors. The event marked the five-year anniversary of their KraneShares Bosera MSCI China A Fund (KBA) being listed on the NYSE.

Longtime readers should be familiar with this fund and how it fits into Steve's bullish China thesis...

With KBA, investors have a simple and easy way to own the exact stocks that are likely to benefit from MSCI's decision. It has long been Steve's favorite "one click" way to profit from this trend.

To be clear, neither Steve nor anyone else at Stansberry Research has been compensated by KraneShares. We're simply believers in its products and its mission to make Chinese markets accessible to every investor.

But that wasn't the only reason for our visit to Wall Street...

After the closing-bell ceremony, we returned to the NYSE's auditorium for a special event: The world premiere of New Money, Stansberry Research's first full-length feature film...

That's right... Steve hired a world-class film crew, and set out to bring the full experience of visiting China back to our subscribers in the U.S. And that's exactly what they did.

Everyone we spoke with at the screening was blown away by the quality of the film. And it has already converted a number of longtime China "skeptics" into China "bulls."

Now, we're thrilled to release Steve's new film to all Stansberry Research readers...

In New Money, you'll follow Steve and his team around the world... from the United States... to Hong Kong... to mainland China, where you'll get an up-close and personal look at the once-in-a-lifetime opportunity in China today.

If you're among the skeptics who have doubted Steve's bullish stance on China to date, we urge you to take some time to check it out.

Please note... We've decided to make our first feature-length film available to all interested viewers without requiring a subscription. However, we spent several hundred thousand dollars to produce this film, so we're asking for just a small rental fee of $4.99. This will help us defray some of the costs so that we can continue to produce films like these in the future.

Click here to watch New Money now.

Regards,

Justin Brill

Editor's note: If you've read DailyWealth for long, you know Steve believes we're on the verge of a massive bull market in China. But most Americans simply aren't convinced...

So Steve decided to prove it. In his first full-length feature film, New Money, he's showing as many folks as possible what he sees. It includes interviews with investing legends Jim Rogers and Peter Churchouse... scenes from the "Silicon Valley of the East"... details on the hottest new companies in China... and much, much more. Get all the details right here.