Profit from the 2008 Beijing Olympics
Posted March 31, 2008
“There’s going to be a lot of money flowing through Beijing as consumers, advertisers, and investors alike swarm the city. Here are a few of the leading candidates to win big come August.” — Jason Simpkins
by Jason Simpkins
Baltimore – (TFN): The 85,000-mile relay that will culminate with the lighting of the Olympic torch got underway March 24. The torch will pass through five continents and 20 countries on its way to the Beijing 2008 Olympic Games. But the flame isn’t just leading athletes and spectators to the games, it’s also lighting the way to profit.
Beijing is spending at least $40 billion on venues and related infrastructure, all with the goal of featuring a modern country that has grown into a political and economic powerhouse.
In addition to the government’s own investment, an estimated 3.5 million visitors will be bringing their wallets to the games. More than 60 sponsors, some of which spent $100 million each just to be associated with the Beijing Olympics, also have opened up their checkbooks.
There’s going to be a lot of money flowing through Beijing as consumers, advertisers, and investors alike swarm the city.
Here are a few of the leading candidates to win big come August… Read on to learn more.
But first, check out Lauda Cadden’s Hot Stock Pick of the Week, recommending the one stock we believe will benefit most from the intra-Chinese travel boom triggered by the Beijing Olympics.
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