In the spirit of the season, it seems fitting to feature a newborn stock, but I’ll have to settle for one that’s been public for a little more than two years. It’s CNinsure (CISG), a fast-growing Chinese insurance company that’s riding the growth of the Chinese middle class to excellent gains. CNinsure (the name is probably supposed to mean China Insure) was incorporated in 1999, and had a hard time getting out of the shadow of China Life (LFC). But with a good mix of property, casualty and life insurance, the company is thriving in a country in which...
