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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 [...]
Posted by Jim Trippon on Wednesday, August 19, 2009 at 2:39 am
Filed under China Market Commentary · Tagged ADR, adrs, China Markets, china stock, china stock digest, china stock market, Chinas Premier Wen Jiabao, growth enterprise, hong kong stock exchange, Investment China, ipo, NASDAQ, Premier Wen Jiabao, Shanghai Composite Index, Shanghai Composite Index (SCI), Shanghai Index, shanghi bubble, State Construction IPO
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