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 [...]
Posted by Jim Trippon on Friday, August 7, 2009 at 4:21 am
Filed under china economic growth, china stock, china stock market, china's economic growth, chinese economy · Tagged China Markets, china stock, china stock market, China’s GDP expansion, Investment China, People's Bank of China (PBOC), Premier Wen Jiabao, Shanghai Composite Index, Shanghai Composite Index (SCI), shanghai stock exchange, shanghai stock market, Shenzhen Composite Index
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 [...]
Posted by Jim Trippon on Wednesday, July 29, 2009 at 1:00 am
Filed under china stocks · Tagged China Economy, China State Construction Engineering Corp, china stock digest, china's economic growth, Investment China, Shanghai Composite Index, Shanghai Composite Index (SCI), Shanghai Index, shanghai stock exchange, Sichuan Expressway Co, State Construction IPO
Why A Strong Dollar Is Good For China’s Economy (Why and how you need to hedge against the greenback) Here’s the latest alarmist headline from TIME Magazine: “Replacing the Dollar: China’s Big Plans for Its Currency” Should investors pay heed? A lot of China watchers have been mystified by Beijing’s complaints about the stability of [...]
Posted by Jim Trippon on Tuesday, July 21, 2009 at 3:51 am
Filed under china economic growth, china stock, china stock market, china stocks, china's economic growth, chinese economy · Tagged China Economy, China Markets, china stock, china stock market, china's economic growth, chinese economy, economy of China, Investment China, People's Bank of China, Special Drawing Rights (SDRs), Zhou Xiaochuan
Fortune Smiles on China Chinese Companies Race To New Highs It’s more bad news for the U.S. as the latest Fortune 500 global ranking hits the wires. The number of U.S. companies in the top 500 has fallen to just 140. That is the lowest number since Fortune began the list more than fifteen years [...]
Posted by Jim Trippon on Wednesday, July 15, 2009 at 12:04 am
Filed under china economic growth, china stock, china stock market, china stocks, china's economic growth, chinese economy · Tagged Aluminum Corporation of China, Aviation Industry Corp. of China, Bank of Communications, Carnegie Endowment for International Peace, China Huaneng Group, China Petroleum & Chemical Corp, China South Industries, china stock digest, china unicom, chinese economy, CIA, CITIC Group, Fortune 500, Global Trends 2025, Jardine Matheson, Jiangsu Shagang Group, jim trippon, PPP, Sinopec, SNP, U.S. National Intelligence Council
Stock Market Hits A New High. Too Bad for the NASDAQ and NYSE! Shares have jumped to another one-year high! Not in New York or London, of course. The action is now in Shanghai. The market there is up 61% this year alone! With the benchmark Shanghai Composite Index roaring towards the 3000 mark, some [...]
Posted by Jim Trippon on Wednesday, July 1, 2009 at 3:32 am
Filed under china stocks · Tagged a shares, adrs, american depository receipts, b shares, China Daily, China Markets, china stock, china stock exchange, china stock market, chinese economy, chinese stock, Guotai Junan Securities, h shares, Investment China, Shanghai Composite Index