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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 [...]
Posted by Jim Trippon on Monday, October 12, 2009 at 5:27 am
Filed under China Market Commentary, Featured · Tagged China Petroleum & Chemical Corp. (SNP), chinese economy, Guohai Securities, Hong Kong’s Hang Seng Index, PetroChina (PTR), Shanghai Composite Index, Shanghai Daily, shanghai stock exchange, Shenzhen Component Index, shenzhen stock exchange
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 [...]
Posted by Jim Trippon on Tuesday, October 6, 2009 at 11:39 pm
Filed under China Market Commentary, Featured · Tagged China Economy, China National Day, chinas golden week, Mid Autumn Festival, National Day Holiday, National Tourism Administration, Shanghai Commerce Information Center, shanghai stock exchange
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
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.
Posted by Jim Trippon on Tuesday, June 23, 2009 at 11:12 am
Filed under china economic growth, China ISPs, china stock, china stock market, china stocks, china's economic growth, chinese economy, Medical · Tagged barack obama, China Economy, China Life, China Markets, china mobile, China Petroleum & Chemical Corp. (SNP), china stock, china stock digest, china stock investment, china stock market, china stocks, china's economic growth, china's economic stimulus package, Chinas Premier Wen Jiabao, chinese economy, chinese stock, chinese stock exchange, chinese stock market, DJIA, Far EasTone, g20, g20 meeting, global economic crisis, invest in china, Investment China, Liang Zhipeng, MSCI Hong Kong Index Fund, NASDAQ, New York stock exchange, NYSE, Powershares Golden Dragon, Shanghai Composite Index (SCI), shanghai stock exchange, Shenzhen Development Bank, Taiwan’s Financial Supervisory Commission, Thomson Reuters, USX China Index (PGJ), value of the american dollar, worldwide recession, WuXi PharmaTech, wx