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Chinese Bubble (59 Links)
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Created by ian 2 years 191 days ago in Finance. Views: 782. Link Views: 10,414
Tags: china chinese bubble stocks economics
Related Tags: finance wall street business video politics stock market credit crisis |
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Channel created on May 14, 2007 at the peak of the Bubble to warn of its collapse.
May 2007: "The Shanghai composite index's sharp rise in the past 18 months makes the Nasdaq's glory days in the late 1990s look quaint by comparison. Last year, the Chinese index soared 130%. This year it is up another 50%, bringing its market capitalization nearly even with the US$13.5-trillion market cap of the mighty S&P 500. On the valuation side, stocks are trading at an average of 42- times earnings, making the Chinese market the most expensive of the world's major markets. And in terms of behaviour, Chinese retail investors are showing some of the classic signs of euphoria. Faced with low-yielding bank accounts that do not keep up with inflation, they are pouring into domestic equities. Lately, investors have been opening a total of 300,000 new trading accounts every day, representing an amazing influx of investors even with China's huge population."
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China Bubble is Now Official According to State Run Papers
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Posted by ian 2 years 191 days ago (dailyreckoning.com.au).
Views: 227 |
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“The NASD, a brokerage regulator, recently sent out an ‘alert’ to investors outlining the risks associated with margin. Through the end of March, the latest data available, the amount of debt taken on by investors to buy stocks totaled $317.7 billion. And
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The Most Corrupt Man in China
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Posted by PhilH 2 years 143 days ago (timesonline.co.uk).
Views: 214 |
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With the help of friendly officials, Lai cheated Beijing out of $3.6 billion in taxes, and then fled the country as he became the focus of the largest criminal investigation in Chinese history. Ten thousand of his associates were detained and 1,000
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Shanghai Composite Index Tops 4,000, Chinese Bubble Set to Pop
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Posted by ian 2 years 191 days ago (dailyreckoning.com.au).
Views: 189 |
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Yesterday, for the first time ever, China’s benchmark, the Shanghai Composite index, climbed over 4,000. Not only that, but almost $50 billion worth of shares traded hands on China’s two exchanges - one in Shanghai, the other in Shenzhen. That’s more than
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