Saturday, May 19th, 2012

About: (PTR, SNP,  CSI) Stock markets in Shanghai and Shenzhen soared today as the country’s National Day holiday came to a resounding end. Chinese equities rose 4.76 percent on the first day of trading after the eight-day National Day holiday. The benchmark Shanghai Composite Index jumped by 132.29 points, or 4.7 percent, to end at [...]

Investors may think China has gone quiet this week but rest assured it hasn’t. The country’s eight-day National Day holiday started last Thursday, closing stock markets and many other institutions through Friday of this week. But that doesn’t mean China’s economy has gone dormant – far from it. The cash registers are ringing as an [...]

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 [...]

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 [...]

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.