Li Ka-Shing's Cheung Kong stock (CHEUY) is a buy.

Li Ka-Shing is considered the Warren Buffett of Asia and with his stock conglomerate down to it's lows (trading at $8.50 on the OTC), it's time to pick up some shares. Based in Hong Kong, the Cheung Kong Group's businesses encompass such diverse areas as property development and investment, real estate agency and estate management, hotels, telecommunications and e-commerce, finance and investments, retail, ports and related services, energy, infrastructure projects and materials, media, and biotechnology.

Cheung Kong Website

In Hong Kong, it trades at $66.00 (0001.hk) yet last year it earned $11.95. It if was a bond, that's an 18% interest. It probably won't earn that much next year but even half that is 9% interest plus you get 3.7% dividend. -Financial Highlights