Shanghaied by Shanghai!

Shanghai’s key stock index is enduring unprecedented volatility after registering its biggest weekly loss since February. Today, the Shanghai Index rebounded and ended above 2,900 points after yesterday’s slide. On Monday China’s main stock index tumbled another 5.8%, leaving it down 16% for the month. At the end of last week, Shanghai tumbled [...]

China is finally feeling bullish about the stock markets once again. Just last September, Chinese regulatory authorities suspended all new IPOs following a 60% plunge in the stock market. Now the ten-month blackout is coming to an end, signaling a potentially major shift in investor sentiment. Initial public offerings are in the works for Shanghai, Hong Kong and New York.

We’re cashing in our gains once again at the China Stock Digest! Just last Tuesday we alerted you that we were raising our “Profit Protector” stop loss thresholds on all holdings in our model portfolio. With China on the rebound we wanted to protect gains as high 30 percent (or more) on some of our [...]