Category: Shanghai Composite

Reading Time: < 1 minute Couple days ago I suggested the China stock market could have a relief rally after Olympics, when the party is over without major glitches. I still belive Beijing Olympics will turn out to be ok, amid so much worries from human rights protests to security threats. I also believe Chinese economy will not stand still

stlplace
August 7, 2008

Reading Time: 2 minutes Yesterday was another brutal day in the Wall Street, or the Bay Street (Toronto), or SSE (Shanghai Securities Exchange). According to the number, the Dow is now officially in bear territory. General Motor (NYSE:GM), a Dow component and an American icon, hit 53 years low. It closed at $11.43. So, should we go bottom fishing?

stlplace
June 27, 2008

Reading Time: < 1 minute Fundamentals The common census is China economy growth will slow down significantly, due to the slow down from export (trouble in US economy); rising inflation (food, oil etc.) The rights of minority shareholders are also not protected as well as mature market, because in some cases the management cooked up the accounting books, and get

stlplace
June 20, 2008

Reading Time: < 1 minute It was not too long ago (April 18 to be exact) Shanghai Composite Index hit a low of this year. Shortly after that Chinese goverment issued new policies trying to stablize the market. Well, it looks like we need the goverment do something about the market again: on June 10 the Shanghai composite dropped 257

stlplace
June 10, 2008

Reading Time: < 1 minute Dan Bin (但斌, blog) is the founder, CEO of Shenzhen based Eastern Bay Asset Management Co. He admires Buffett and is value minded, although I don’t agree with everything he says “such as buy China Ping’an blindly” (remembers me of Cramer). He was on Shanghai First CaiJing TV interview recently. The interview is in Chinese

stlplace
June 10, 2008

Reading Time: 2 minutes I did a little reading on China pork industry lately. I found 3 pork producers listed in Shenzhen, Hongkong and the US. There are Henan Shuanghui (000895 Chinese, English), Nanjing Yurun (1068.HK), and Henan Zhongpin (Nasdaq: HOGS). I believe they are three major pork producers, and the sales of pork are also in this order

stlplace
May 24, 2008

Reading Time: 2 minutes Last week, an American friends asked me about the booming Chinese eocnomy and how to benifit from it. There are many Chinese ADRs in listed in the US market these days, but I don’t think they are suitable for most individual investors (they are for the bolder speculators only 🙂 Why ICBC ICBC, Industrial and

stlplace
May 10, 2008

Reading Time: 2 minutes (Update Apr 24) The trading tax bullet worked, at least for a day. The Shanghai composite index went up 305 points, or 9.29%. Similar performance from Shenzhen. All but two stocks in the two markets went up, many went up 10% (the limit). See the below picture for more details. (The thumbnail above is clickable,

stlplace
April 23, 2008

Reading Time: 2 minutes Shanghai composite index closed new 52 week low today, at 3094.67 (down 12% compared to a year ago). (full size pic here, powered by Google Finance) But I don’t think too much of it, other than the valuation of China A share market is more attractive now. The composite index itself is screwed up because

stlplace
April 18, 2008

Reading Time: 2 minutes With the growth of web and blogging, there are more and more financial resouces we can turn to: we are not limited to the good old newspaper for stock prices, volume anymore. Don’t laugh at me, ten years ago I did precisely that in Shanghai. But the conveniece of data access does not come at

stlplace
April 14, 2008
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