Friday, March 12th, 2010

China’s economy roared into 2010 like a lion

About: (Chinese economy, China economy, china’s economic boom, Securities Journal, Chinese Academy of Social Sciences, China Stock Digest)

China’s economy roared into 2010 like a lion. Germany has now lost its position as world’s top exporter. China officially became world’s number one car market. We’ve noted those developments before, [...]

Fat Cats Take Their Money to China

About: (Association of Southeast Asian Nations (ASEAN), China Stock Digest)

Just after President Obama gave a tongue-lashing to America’s bankers for failing to invest in the U.S., Beijing let it be known where the world is investing. Chinese authorities announced that for the fourth straight month foreign direct investment in [...]

China Goes for the Gold in Global Auto Industry

About: (Beijing Automotive Industry Holding Co, BAIC, Saab, General Motors, Ford Motor Co, Geely Holding Group Co, Volvo, China’s Sichuan Tengzhong Heavy Industrial Machinery Co, China Stock Digest)

Cash rich, China’s automotive upstarts are buying up the crown jewels of the world’s auto industry: intellectual property. The Chinese [...]

Shanghai’s key stock index dropped more than two percent today as investors took profits after a central bank announcement said it may fine-tune the macroeconomic policy. The benchmark Shanghai Composite Index tumbled 2.11 percent, or 72.17 points, to close at 3,365.33 points.
The Shanghai market is still up approximately 88% from last year’s lows. Corporate valuations [...]

It’s official. Shanghai has clinched its place as the world’s hottest stock market, jumping an astonishing 100% from its low last year.
The demand for new equities in China was underscored today with another blazing IPO. Sichuan Expressway Co. tripled on its first day of trading as an economic rebound spurs demand for equities. Toll-road operator [...]